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Trump gets ‘golden share’ power in US Steel buyout. US agencies will get it under future presidents The national security agreement became effective June 13 and is between Nippon Steel, as ...
A group of Canadian steel producers said the government’s plan to restrict foreign steel imports isn’t strong enough and warned that the industry is set to shed thousands more jobs.
Inside Nippon Steel’s bruising efforts that paved the way to buying U.S. Steel Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to ...
When announcing the agreement allowing Nippon Steel to acquire U.S. Steel on May 30, President Trump promised to double to 50% U.S. tariff rates on steel and aluminum. On June 3 he signed a ...
That included upping its capital commitments in U.S. Steel facilities and adding the golden share provision, giving Trump the right to appoint an independent director and veto power on specific ...
After nearly 3 years on the market, Evraz North America, owner of Pueblo's steel mill, will sell to a Connecticut-based company later this year.
The cost of materials has jumped by nearly 20% so far this year, reports this Longview steel distributor.
Geddes, N.Y. – The new owner of the former Crucible steel plant has ambitious plans to breathe life into the century-old mill, including restarting some of its furnaces and even selling off part ...
Steel dumping from Europe and Asia impacts Canadian competitiveness Canada's steel industry faces potential mass layoffs Finance Ministry defends measures as strategic and comprehensive TORONTO ...
Worthington Steel shares jumped 15.7% to $30.38 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers Vor Biopharma Inc.
Waste wood scraps, changed at the molecular level, could become heavy-duty building materials—and even replace plastic, aluminum and carbon fiber in our vehicles and gadgets.