The British government and Tata of India said they would invest 1.25 billion pounds in a plan to convert the steel mill at Port Talbot in Wales to an electric furnace. By Stanley Reed Reporting ...
After spending more than a week trying to secure a meeting with the president of the United Steelworkers union, Nippon Steel’s Takahiro Mori finally got an answer. But it was not the one he wanted.
The White House has faced backlash for politicizing its review of Nippon Steel’s takeover of the company. By Alan Rappeport Andrew Duehren and Lauren Hirsch Alan Rappeport and Andrew Duehern ...
Blast Furnace 4 - the final furnace operating at Tata Steel's plant in Port Talbot - was fully closed down this afternoon, with the last steel expected to be made late on Monday evening.
Donald Trump, Joe Biden, and Kamala Harris may not agree on much, but on one issue they’re in complete accord: They want to block the proposed acquisition of U.S. Steel by the Japanese firm ...
TOKYO, Sept 13 (Reuters) - Nippon Steel (5401.T), opens new tab and U.S. Steel (X.N), opens new tab sent a letter on Sunday to U.S. President Joe Biden about their planned $15 billion merger after ...
WASHINGTON/TOKYO, Sept 18 (Reuters) - The U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S. Steel let the companies refile their application for approval of the deal ...
TOKYO — U.S. opponents of a Japanese steelmaker’s $14.9 billion bid for U.S. Steel cite concerns about national security and a reluctance to relinquish a storied American company. In Japan ...
DETROIT, Sept 17 (Reuters) - U.S. Steel (X.N), opens new tab CEO David Burritt said on Tuesday he was confident Nippon Steel's (5401.T), opens new tab $14.9 billion bid for his company would ...
It’s hard to think of a more iconically American company than US Steel. It’s right there in the name. So in the face of increasingly tough competition both domestic and foreign, US Steel ...
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 ...
NEW YORK, Sept 12 (Reuters Breakingviews) - Insufficient heat can interrupt the welding process, but U.S. Steel’s (X.N), opens new tab problem has been too much of it. Fiery nationalistic and ...