Latest Steel News - SteelOrbis
SteelOrbis 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 …
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3 days ago · China slowdown weighs on iron ore Iron ore is among the most vulnerable to Chinas slowdown risks, as the countrys property market constitutes the bulk of steel demand. China, the worlds biggest consumer of iron ore, has continued to act as a drag on demand this year.
Biden killed US Steel deal even though some US officials rejected …
2 days ago · President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security ...
Nippon Steel stands firm on proposed $15 ... - Associated Press News
2 days ago · Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion acquisition of U.S. Steel. He told reporters Tuesday in Tokyo there is no reason or need to give up. ... accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news ...
U.S. Steel and Nippon Sue Biden Over Blocked Merger
2 days ago · U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis ...
Nippon Steel, US Steel file lawsuit after Biden ... - Associated Press News
2 days ago · WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said that the head of the Steelworkers union and a rival steelmaker worked together to scuttle the buyout.. In moving to block the transaction Friday, Biden said U.S. companies producing a ...
Biden blocks $14 billion acquisition of US Steel by Japan's Nippon ...
5 days ago · Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters. Despite that, its proposal raised concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security.
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Steel News Safety First Iron & Steel Technology is the premier technical journal for metallurgical, engineering, operating and maintenance personnel in the iron and steel industry.