China’s Baosteel to boost investment in steel plate in Saudi to US$1 billion
CHINA’S biggest listed steelmaker, Baoshan Iron and Steel Co (Baosteel), said on Thursday (Jul 25) that it will more than ...
Tag: steel
Nippon Steel exits Chinese venture on falling Japanese car sales
NIPPON Steel will exit a joint venture in China as its top customers – Japanese automakers – struggle to maintain ...
Nippon Steel hires Pompeo to help clinch purchase of US Steel
NIPPON Steel has hired former US Secretary of State Mike Pompeo to help complete a proposed purchase of United States ...
Tata Steel warns UK furnace shutdown may start earlier than planned
TATA Steel could take steps to pause or stop some blast furnace operations earlier than planned at its plant in ...
Tata Steel workers in Britain to begin indefinite strike next month
AROUND 1,500 Tata Steel workers in Britain will begin an indefinite strike from Jul 8 over the company’s plans to ...
US Steel, Nippon Steel receive all non-US approvals for merger
US Steel and Japan’s Nippon Steel have received all regulatory approvals outside of the United States for their proposed US$14.9 ...
India’s Tata Steel Q4 profit falls on lower prices, restructuring expenses
INDIA’S Tata Steel reported a fall in fourth-quarter profit on Wednesday (May 29), pressured by lower steel prices and restructuring ...
Tata Steel agrees on grid connection for UK green steel site
TATA Steel has signed an agreement with National Grid’s electricity system operator to build the power infrastructure required to switch ...
Japan’s Nippon Steel full-year profit down 21%, beats estimates
Nippon Steel, Japan’s biggest steel maker, posted on Thursday (May 9) a 20.8 per cent fall in net profit for ...
EU clears Nippon Steel’s US$14.9 billion purchase of US Steel
The European Commission on Monday (May 6) approved US Steel’s US$14.9 billion buyout by Japan’s Nippon Steel, saying the deal ...
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