TOKYO — U.S. opponents of a Japanese steelmaker’s $14.9 billion bid for U.S. Steel cite concerns about national security and a reluctance to relinquish a storied American company. In Japan ...
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Each year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year—is obscured by the fact that most of it stays in the country.
A recent report by Indian ratings agency CRISIL has revealed that Indian production of direct reduced iron (DRI), also known as sponge iron, achieved a compound annual growth rate (CAGR) of 8% to ...
Vice President Kamala Harris joined President Joe Biden in declaring that United States Steel Corp. should remain domestically owned and operated, the latest headwind to the proposed sale of the ...
TOKYO, Aug 30 (Reuters) - Nippon Steel (5401.T), opens new tab and other Japanese steelmakers are urging Tokyo to consider curbing cheap steel imports from China, the world's biggest steel ...
Steel Industry Leaders in US Have High Hopes for Revival in 2025 Rate cuts, construction expected to boost appetite for steel One analyst sees ‘relief rally’ on US steel after election ...
US Steel (NYSE:X) quickly rose 1.5% after a Nippon Steel (OTCPK:NISTF) executive said the planned $14 billion takeover has the support of Democrat vice presidential candidate and Minnesota ...