Tata Steel shares will be under scrutiny following their Q3 update. Key highlights include a 6% YoY increase in steel production to 5.68 million tonnes, best-ever Q3 deliveries at 5.29 million tonnes, ...

“Nippon Steel is not going to go away,” Takahiro Mori, vice chairman and executive vice president of Nippon Steel and the ...

U.S. Steel CEO David Burritt called Biden's decision "shameful and corrupt" and only done to satisfy the United Steelworkers.

Update: President Biden announced Friday morning he is blocking the U.S. Steel-Nippon Steel deal "to ensure that, now and long into the future, America has a strong domestically owned and operated ...

Nippon Steel offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval ...

On December 18, 2023, Nippon Steel, the fourth largest steelmaker in the world, announced it was buying United States Steel (US Steel) for $14.9 billion. Though US Steel is an iconic company central ...

China is both the world's largest producer and consumer of steel. Because of the enormous size of the Chinese steel industry, any change in domestic production can have an outsized impact on the ...

The Swedish startup Stegra has raised close to $7 billion to produce zero-emissions steel using green hydrogen starting in 2026. As of 2023, nearly 2 billion metric tons of it were being produced ...

TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel (X.N), opens new tab as U.S ...

WASHINGTON — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U ...

Dec. 24—MASSENA — Fire inspections are a hot topic for the town of Massena's code enforcement officer. Patrick M. O'Brien said the town has been losing money the past few years, and he's ...

The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal. By Alan Rappeport and ...