Nippon Steel, which the administration says is now looking at an investment in U.S. Steel rather than an outright purchase, ...
President Donald Trump said Friday that Japan-based Nippon Steel will drop its $15 billion bid to purchase US Steel. In a ...
ArcelorMittal, an European-based steel manufacturer, announced Thursday it will invest $1.2 billion into a Mobile County ...
“Without the Nippon Steel transaction ... On its own, U.S. Steel seems poised to focus on newer electric arc furnaces, such as its Big River plant in Arkansas, which can make high-quality ...
This policy has already sparked a positive reaction in the stock market, with steel stocks showing immediate gains.
The company will expand its campus in Kalvert, Alabama, to produce 150,000 metric tons per year, of electric steel.
ArcelorMittal S.A. (Luxembourg) announced that it is proceeding with plans to build an advanced, non-grain-oriented electrical steel (NOES) manufacturing ...
TOKYO, Feb 10 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab is considering proposing a bold change in plan from its previous approach of seeking to buy U.S. Steel (X.N), opens new tab ...
Tata Steel's Port Talbot steelworks is undergoing a major transformation with the installation of two electric arc furnaces, ...
Nippon Steel and United States Steel remain tight-lipped about their next moves following President Trump's unexpected intervention in their merger plans. STORY HIGHLIGHTS Trump announced Nippon ...
U.S. Steel has warned that, without Nippon Steel’s cash, it will shift production away from the blast furnaces to cheaper non-union electric arc furnaces and move its headquarters out of Pittsburgh.