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 ...
India’s finished steel consumption stood at 119.17 MT in FY23 and 138.5 MT in FY24. *The Indian Steel Association (ISA) anticipates that the steel requirement will reach 128.9 MT in the 2023-24 period ...
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 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British Steel has announced an eightfold increase in pre-tax losses during 2022 as concerns mount about the ...
The stories that matter on money and politics in the race for the White House The US government has extended its national security review of Nippon Steel’s proposed $15bn acquisition of US Steel ...
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 ...
LAUNCESTON, Australia, Sept 17 (Reuters) - China's steel and iron ore sectors are in an apparent state of disconnect, with steel output trending weaker but imports of the key raw material ...
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 ...
Your browser does not support the <audio> element. Each year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn ...
TOKYO, Sept 14 (Reuters) - Japan and the United States should avoid confrontation about the steel industry and work together amid competition from China, the world's top steelmaker, leading prime ...
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 ...
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 ...