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.
Biden Administration Extends Review Period for Nippon Takeover …
WEB2 days ago · His comments, made at the Detroit Economic Club, came as U.S. Steel has been facing a political storm over Nippon’s $15 billion takeover bid. Top Republicans and Democrats, Mr. Biden, Ms. Harris ...
US Steel: Biden administration gives Nippon Steel more time to …
WEB2 days ago · US Steel put itself up for sale in 2023 after receiving an unsolicited $7 billion takeover offer from Ohio-based Cleveland Cliffs. The $14.9 billion deal with Nippon Steel, Japan’s largest ...
world steel industry news headlines press reports
WEBNippon Steel 5401.T and U.S. Steel X.N sent a letter on Sunday to U.S. President Joe Biden about their planned $15 billion merger after media reported that he was preparing to block the deal, a spokesperson for the Japanese steelmaker said.
Fate of US Steel merger expected to be pushed beyond election …
WEB6 days ago · 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,...
News - American Iron and Steel Institute
WEBJul 25, 2024 · New AISI Op-Ed in Steel Market Update. A record 60.6 million people are expected to travel by car for the Fourth of July holiday, according to the American Automobile Association (AAA). And a recent survey by The Vacationer said 75% of Americans intend to take at least one road trip this summer.
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.
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...
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.
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.
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