Reactions in Pennsylvania are mixed to President Joe Biden's decision to block the sale of Pittsburgh-based U.S. Steel to Nippon Steel of Japan.
Genco Shipping has a strong capital structure which cushions its financials from the cyclicality of deep-sea dry bulk ...
Biden's decision comes after the Committee on Foreign Investment in the United States failed to reach consensus on the ...
India's steel trade deficit widens to ₹26,468 crore, with China dominating imports and European markets under stress.
A growing number of conservatives have publicly backed the deal, as Nippon Steel began to win over some steelworkers union ...
4 steelmaker, is looking to optimise its supply chain from Kami, the company's Managing Executive Officer Ryuichi Nagai said. Nippon Steel, which currently has a global production capacity of 65 ...
LAUNCESTON, Australia, Dec 17 (Reuters) - China's steel output fell in November from October, seemingly another sign of the struggles in the world's biggest producer of the key metal for ...
It’s 108 degrees in mid-afternoon in the Phoenix suburb of Chandler, and steel billionaire ... there'll be a supply response in the United States. So in the near term, while China could win ...
The world steel supplies remain robust, making imported cost of the alloy cheaper, even as domestic producers complain of low profitability. At the end of November, domestic HRC (hot rolled coil ...
CFIUS told the two companies in September that the deal would create national security risks because it could hurt the supply of steel needed for critical transportation, construction and ...
Explainer-What Next for Nippon Steel and US Steel's $15 Billion Mega-Merger? (Reuters) - A U.S. government panel is set to submit its recommendations this month on whether a Japanese takeover of U ...