Steel

NEWYou can now listen to Fox News articles! President Donald Trump has delivered a big win for America. The imminent linkage of Pittsburgh-based U.S. Steel and Nippon Steel will benefit …

Investors interpreted Trump’s comments to mean Nippon Steel had received his approval for its takeover of US Steel. United States President Donald Trump has expressed support for Nippon Steel’s $14.9bn …

New Delhi has approached the WTO to impose retaliatory duties on Washington, in response to tariffs introduced by President Donald Trump India has approached the World Trade Organization (WTO) with …

The move would leave the country unable to produce its own virgin steel and entirely dependent on imports The UK’s sole remaining producer of virgin steel has announced plans to …

A senior economic adviser to United States President Donald Trump says a plan to double tariffs on Canadian steel and aluminium imports to 50 percent has been halted, as the …

Canadian Prime Minister Justin Trudeau is among the leaders who have hit back at US tariffs. He called them «unjustified» and vowed swift retaliation. ADVERTISEMENT Countries across the world are …

US President Donald Trump officially imposed 25% tariffs on steel and aluminium imports, sparking selloffs in the stock markets, and a further surge in gold prices. ADVERTISEMENT Stock futures fell, …

Nippon Steel and US Steel have filed a federal lawsuit in the United States challenging the Biden administration’s decision to block Nippon’s proposed $15bn acquisition of the Pittsburgh company. The …

The unit has suffered from rocky economic conditions, fierce competition from Asian manufacturers, and a pressure to decarbonise. ADVERTISEMENT Thyssenkrupp has downgraded the value of its steel business by a …

Critics say that blocking the $15bn (€13.53bn) deal could risk thousands of jobs. ADVERTISEMENT The White House is preparing to block the acquisition of US Steel by Nippon Steel, according …