News
Steel, aluminium tariffs will impact millions of tonnes of imports
AluminIum and steel were among the first tariffs to be enacted during President Donald Trump’s first term. A revival of those measures is…
Tag
Steel
Business
US Steel posts muted quarterly results amid Nippon deal snag
US STEEL reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy…
Business
Regency Steel Asia chairman fined S$350,000 for false trading of Hiap Hoe, Hotel Grand Central shares
THE Monetary Authority of Singapore (MAS) imposed a civil penalty of S$350,000 on Gui Boon Sui for conducting false and unauthorised…
Business
Malaysia imposes anti-dumping duties on iron, steel imports from four countries
MALAYSIA’S trade ministry said it has imposed provisional anti-dumping duties on some flat-rolled products of iron or non-alloy steel…
Business
US extends deadline for Nippon Steel to end US Steel bid to June
The Committee on Foreign Investment in the United States (CFIUS) approved an extension of the deadline for Nippon Steel to abandon its…
Culture
US Steel, Nippon Steel sue Biden administration over decision to block merger
US PRESIDENT Joe Biden violated the Constitution by blocking Nippon Steel’s US$14.9 billion bid for US Steel through a sham national…
Business
Japan PM says blocked US Steel deal could hit investments
JAPAN’S Prime Minister Shigeru Ishiba on Monday (Jan 6) urged Washington to dispel concerns that a decision by Joe Biden to block Nippon…
Business
Nippon Steel could face growth challenges after US Steel purchase blocked: analysts
JAPAN’S Nippon Steel may need to look at a revamp of its growth strategy after US President Joe Biden blocked its proposed US$14.9 billion…
Business
Biden’s decision on US Steel deal followed divide in his orbit
TWO weeks after the US presidential election last November, hundreds of allies gathered at the White House to soothe Joe Biden in defeat.…
Fashion
China may miss target for cleaning up largest steel industry
CHINA looks set to miss a year-end target for boosting production of less-polluting steel as usage rates for cleaner, newer furnaces stall…
News
US Steel jumps most in a year on Nippon Steel offer to Biden
NIPPON Steel offered to give the US government a veto over any reduction in US Steel’s production capacity in a proposal that marks a…
Business
Sustainability Trends in the Steel Industry
The steel sector is undergoing a huge change toward sustainability, giving young entrepreneurs chances to make a difference. As…
Business
US foreign investment panel split on Nippon-US Steel deal: FT
THE US Treasury has informed Japan’s Nippon Steel that the panel reviewing its proposed US$14.9 billion purchase of US Steel has not yet…
News
US Steel drops as Biden plans to block sale to Nippon Steel
PRESIDENT Joe Biden plans to formally block the US$14.1 billion sale of United States Steel to Nippon Steel on national security grounds…
Fashion
Nippon Steel makes final push to win over US workers
NIPPON Steel clarified its spending plans at US mills owned by US Steel as part of last-ditch efforts to win over workers and politicians…
Business
Soft as skin, strong as steel: Powerful magnetic muscles lift 1000x their weight
Researchers have engineered a material that is as soft as skin but remarkably strong. Ulsan National Institute of Science & Technology…