Latest Steel News - SteelOrbis
WEBSteelOrbis offers the latest independent steel news coverage compiled by its worldwide steel industry network. Approximately 25 fresh news articles on topics most prominently affecting the steel industry at large can be viewed on the steel news pages everyday in four different languages.
Fate of US Steel merger expected to be pushed beyond election …
WEBSep 13, 2024 · CNN — As presidential politics cloud the outlook of US Steel’s merger with its Japanese rival, a national security review of the deal is now not expected to be decided until after the election,...
US Steel: Biden administration gives Nippon Steel more time to
WEB3 days ago · Nippon Steel is expected to re-file its application for a national security review by American regulators of its $15 billion takeover bid of US Steel, sources familiar with the matter told CNN on ...
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WEBIron ore futures prices dipped on Tuesday, surrendering earlier gains, as the weakening Chinese demand outlookfor steel outweighed softer supply and expectations of further stimulus from the top consumer.
US Steel’s shareholders just voted to end more than a century of ...
WEBApr 12, 2024 · US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has never...
Global steel demand to return to growth in 2024, says World Steel
WEBApr 9, 2024 · Global steel demand is expected to rise by 1.7% to 1.793 billion metric tons in 2024 and to increase further in 2025, the World Steel Association said on Tuesday.
Chinese overcapacity is crushing the global steel industry
WEB3 days ago · E ach 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 ...
Why Nippon Steel’s $15 Billion Takeover of U.S. Steel Is in Peril
WEBAug. 26, 2024. When U.S. Steel put itself up for sale in 2023, executives at Nippon Steel in Tokyo saw an opportunity: Buying the American steel maker could help it offset anemic demand in...
Steel Price Surge Revives U.S. Industry - The New York Times
WEBMay 21, 2021 · Steel prices are at record highs and demand is surging, as businesses step up production amid an easing of pandemic restrictions.
U.S. Steel to Be Bought by Japanese Rival After Takeover Drama
WEBDec 18, 2023 · U.S. Steel agreed on Monday to sell itself to Nippon Steel for $14.1 billion, capping months of speculation about the fate of the American industrial heavyweight.
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