President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...
Biden, President-elect Donald Trump and a politically-influential labour union had voiced opposition to Nippon Steel's ...
The November 2024 total is down nearly 3.5 percent compared with the prior month. Output in China, the world’s largest steel producing nation, rose by 2.5 percent last month compared with November ...
Shares of U.S. Steel, which had been down lately, rose 10% to $33.99 in the final hours of trading Tuesday as the reports ...
Biden’s decision comes after the Committee on Foreign Investment in the United States, known as CFIUS, failed to reach a ...
Figures from Worldsteel show global output this November dropped by nearly 3.5 percent compared with the previous month.
Crude steel output in the world's largest producer was 78.4 million metric ... It's likely that output eased in October as steel mills saw margins squeezed by higher iron ore prices and softer ...