Steel
Trump backing for Nippon Steel deal comes with big questions
[ad_1] [WASHINGTON] After more than 17 months of lobbying and close-fought negotiations to secure control of United States Steel, Japan’s Nippon Steel appeared on Friday (May 23) to have received...
US panel divided over Nippon Steel bid for US Steel but path forward seen, says official
[ad_1] [WASHINGTON] A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel’s bid for US Steel but most panel members believe any security risks...
Nippon Steel boosts investment pledge for proposed US Steel deal
[ad_1] Trump has ordered another CFIUS review of the national security implications of the combination of both companiesPublished Tue, May 20, 2025 · 09:47 AM[NEW YORK] Nippon Steel has bolstered...
Nippon Steel expects profit to drop 43% this year, US steel decision by early June
[ad_1] [TOKYO] Nippon Steel expects net profit to slide 43 per cent in the fiscal year ending March 2026, it said on Friday (May 9), citing a weak global steel...
BRC Asia signs pact to buy majority stake in Southern Steel Mesh for RM61 million
[ad_1] [SINGAPORE] Steel fabricator BRC Asia said on Tuesday (Apr 22) it has entered into a conditional share purchase agreement to buy a controlling stake of 55 per cent in...
Vietnam steel body seeks tariffs on Chinese, South Korean galvanised steel
[ad_1] VIETNAM’S Steel Association has asked the government to impose tariffs on galvanised steel imported from China and South Korea to protect domestic production, the government said on Friday (Feb...
China must cut 15% of steel capacity to meet 2025 climate goals
[ad_1] CHINA needs to tackle its steel glut by cutting 15 per cent of capacity this year, if mills are to meet their 2025 climate goals and return to profitability,...
US Steel, Nippon Steel were blindsided by Trump investment talk
[ad_1] US PRESIDENT Donald Trump’s comments last week that Nippon Steel would invest in United States Steel instead of pursuing a takeover surprised shareholders. It turns out that his words...
Trump to announce 25% steel and aluminum tariffs
[ad_1] President Donald Trump said he will announce on Monday that the United States will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico, as...
Nippon Steel slumps after Trump suggests US Steel investment
[ad_1] NIPPON Steel slumped the most in four months after a closely watched summit between US President Donald Trump and Japanese Prime Minster Shigeru Ishiba heightened uncertainty over the company’s...
