One dead, one missing after explosion at U.S. Steel Clairton Coke Works
CLAIRTON, PA – A deadly explosion rocked the U.S. Steel Clairton Coke Works plant late Tuesday morning, leaving one worker dead, one still unaccounted for, …
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Trump says final Nippon Steel deal not yet approved, addresses Russia sanctions and foreign policy
WASHINGTON, D.C. — President Donald Trump told reporters Friday that the Nippon Steel acquisition is not finalized and requires his approval, while also commenting on …
Tractor-trailer rollover on New York Thruway injures two, spills steel beams
FLORIDA, N.Y. — A tractor-trailer carrying steel beams overturned on the New York State Thruway near Exit 27, leaving two people seriously injured, New York …
Everything Must Go! Biden Administration Frantically Auctioning Off Trump’s Border Wall Steel
The Biden administration has initiated the auctioning of unused materials originally intended for the construction of the U.S.-Mexico border wall. This comes just weeks before …
CBP improves Republic of Korea steel exports with Electronic Certification System
WASHINGTON — U.S. Customs and Border Protection (CBP) and the Republic of Korea held a ribbon cutting ceremony May 15 to celebrate the deployment of …
Biden Vowed To Protect American Steel — But Another Effort Of His Could Destroy It
President Joe Biden in recent days has taken a harsh stance on foreign steel manufacturers in a bid to strengthen domestic industry, but his own …
KENNETH RAPOZA: Why Nippon Steel Might Fail To Convince Washington To Greenlight U.S. Steel Acquisition
Japan’s Nippon Steel has inched closer to buying Pittsburgh-based U.S. Steel now that the U.S. company’s shareholders have approved of the Dec. 18 acquisition offer. …
U.S. Steel shareholders give greenlight to Nippon Steel’s $14.9 billion takeover bid
(Reuters) – U.S. Steel shareholders voted in favor of the proposed $14.9 billion acquisition by Japan’s Nippon Steel, moving the merger closer to completion while …
Analysis-Why Japan is not giving up on fraught U.S. Steel deal
By John Geddie, Katya Golubkova and Anton Bridge TOKYO (Reuters) – Days after President Joe Biden joined his election rival Donald Trump in voicing concern …
US senator urges Biden to review alleged Nippon Steel ties to China
By David Shepardson and Yuka Obayashi WASHINGTON/TOKYO (Reuters) -The head of the U.S. Senate Banking Committee on Tuesday urged the White House to scrutinize the …
Dorney Park to Launch New Steel Dive Coaster in 2024
ALLENTOWN, PA – Iron Menace, the Northeast’s inaugural dive roller coaster, marks a significant addition to Dorney Park & Wildwater Kingdom, being the first new …
STEVE PAVLICK: Everything You Need To Know About The Potentially Seismic Sale Of US Steel
STEVE PAVLICK: Everything You Need To Know About The Potentially Seismic Sale Of US Steel Steve Pavlick on February 11, 2024 The potential sale of …
Why Does the Battleship New Jersey Have So Much Wood on Steel Warship?
CAMDEN, NJ – If you have ever been to the battleship U.S.S. New Jersey, you might have left wondering, “Why is there so much wood …
Biden extends EU steel, aluminum tariff exemption for 2 years
WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday extended the suspension of tariffs on European Union steel and aluminum for two years to continue …
China’s 2024 steel demand to fall 1.7%, exports to slow – state researcher
BEIJING (Reuters) – China’s steel demand in 2023 will decline by 3.3% from 2022 and contract a further 1.7% in 2024, a state researcher forecast …
S&P places Nippon Steel on negative credit watch after U.S. Steel deal
(Reuters) – Ratings agency S&P on Wednesday placed its ‘BBB+’ long-term issuer credit rating on Nippon Steel Corp on negative credit watch after it clinched …
India’s FY25 steel demand to be slower as elections loom – analysts, officials
By Neha Arora NEW DELHI (Reuters) – India’s steel demand will likely slow in the next financial year beginning March as a mammoth general election …
EU, U.S. extend steel tariff detente until end-March 2025
By Philip Blenkinsop BRUSSELS (Reuters) -The European Union and the United States have agreed that Washington will continue to suspend tariffs on EU steel and …
Road to Nippon’s $14.9-billion acquisition of U.S. Steel
(Reuters) – Japan’s Nippon Steel’s $14.9-billion acquisition of U.S. Steel, finalized at auction on Monday, is the culmination of multiple bids by a range of …
Japan’s Nippon Steel to buy U.S. Steel in $14.9 billion deal
(Reuters) – Nippon Steel said on Monday it would buy U.S. Steel in a deal worth $14.9 billion including debt, months after the steelmaker put …
EU considers restarting WTO case against US over steel tariffs – Bloomberg News
(Reuters) – The European Union is considering reopening a case at the World Trade Organization against the United States over a steel and aluminum dispute …
German industrial projects in steel, chips, batteries at risk from court ruling -sources
BERLIN (Reuters) – German industrial projects in jeopardy after a court ruling wiped 60 billion euros from the federal budget include chip factories, decarbonised steel …
ArcelorMittal suspends output in Bosnia as steel demand drops
SARAJEVO (Reuters) – ArcelorMittal said on Friday it had temporarily halted output at its Bosnia steel plant and at mines that supply it with iron …
First Look: Track Laid for Pennsylvania’s Newest Steel Rollercoaster
ALLENTOWN, PA – Dorney Park & Wildwater Kingdom announces a significant milestone in constructing its new roller coaster, Iron Menace. The amusement park, a prominent …
Truck maker Scania to switch to zero-carbon steel by 2030
OSLO (Reuters) – Swedish truck maker Scania will switch to using steel made without carbon emissions in its heavy-duty vehicles before the end of the …
Ternium posts 77% quarterly income boost as steel shipments jump
By Aida Pelaez-Fernandez (Reuters) – Steelmaker Ternium reported on Tuesday a third-quarter adjusted net income of $271 million, up more than 77% from the $153 …
EU, US could agree on critical minerals despite steel failure, says France
VALENCIA, Spain (Reuters) – The European Union and the United States could reach a deal on critical minerals over the coming weeks or months despite …
U.S, EU business groups push for steel deal, minerals drive at summit
By Philip Blenkinsop BRUSSELS (Reuters) – The largest U.S. and EU business federations urged leaders meeting for a summit on Friday to resolve a lingering …
EU, US seek interim steel deal to avoid return of Trump tariffs – Bloomberg News
(Reuters) – Leaders of the European Union and the U.S. are seeking to announce an interim agreement at an Oct. 20 summit on steel and …
The Steepest Steel Rollercoaster in the World is in New Jersey, But Not Where You Might Think
RUTHERFORD, NJ – The title for the world’s steepest steel roller coaster now belongs to the TMNT Shellraiser, a surprising find not at Six Flags …
Canada’s Stelco Holdings is said to weigh bid for U.S. Steel – Bloomberg News
(Reuters) – Canada’s biggest steelmaker Stelco Holdings is pursuing a bid for U.S. Steel Corp, adding to a growing list of suitors for the iconic …
Sweden’s H2 Green Steel raises $1.6 billion for Boden plant
OSLO (Reuters) -H2 Green Steel has raised equity funding of about 1.5 billion euros ($1.6 billion) to build the world’s first large-scale green steel plant, …
Chinese steel demand declining less than data suggests, says Vale executive
By Marta Nogueira RIO DE JANEIRO (Reuters) – Brazilian miner Vale SA sees declining steel demand in China, the world’s largest producer, but the situation …
US welcomes WTO panel report on China steel, aluminum tariffs
WASHINGTON (Reuters) – The office of the U.S. Trade Representative on Wednesday said it was pleased with a World Trade Organization panel report that it …
Japan’s Kobe Steel raises annual profit forecast to record $840 million
TOKYO (Reuters) – Japan’s Kobe Steel raised its net profit forecast for the current fiscal year to a record high of 120 billion yen ($839 …
Ternium forecasts lower third-quarter earnings as steel prices drop
MEXICO CITY (Reuters) -Steel producer Ternium reported a 21.4% decrease in second-quarter net profit on Tuesday, as shipments remained flat and steel prices dropped, prompting …
Steel Workers Slam Biden Admin For Clearing The Way For Taxpayers To Subsidize Chinese Steel
Steel Workers Slam Biden Admin For Clearing The Way For Taxpayers To Subsidize Chinese Steel Peter Machera on July 26, 2023 A group of the …
Lower production in Europe hits global steel output
LONDON (Reuters) – Global crude steel production fell 1.1% year on year to 943.9 million metric tons in the first half of 2023 due to …
Some Chinese steel mills ordered to cap output this year – sources
BEIJING (Reuters) – Several Chinese steel mills have received instructions to cap this year’s output at the same level as 2022, five people familiar with …
China to make plans to stabilise growth of 10 sectors, including auto, steel
BEIJING (Reuters) – China will formulate plans to stabilise growth in 10 sectors, including auto and steel, Zhao Zhiguo, spokesperson for the Ministry of Industry …
China steel exports seen surging to seven-year high as home demand wilts
By Amy Lv and Dominique Patton BEIJING (Reuters) – China is set to export the most steel this year since 2016, say analysts, as the …
US Commerce chief says green steel pact would combat excess Chinese output
By David Lawder WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration was “extremely focused” on reaching a “green steel” …
Usiminas posts Q1 profit beat but sees lower steel sales ahead
SAO PAULO (Reuters) – Usiminas expects its steel sales to slip in the second quarter from a year earlier, it said on Thursday, as it …
Japan’s MUFG sets emissions targets for real estate, shipping, steel
By David Dolan and Simon Jessop TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group on Tuesday laid out emissions-cutting targets for lending to the real …
China Jan-Feb crude steel output up 5.6 % on yr – stats bureau
BEIJING (Reuters) – China’s crude steel output in the first two months of 2023 rose 5.6% from a year earlier, official data showed on Wednesday, …
Canada bans Russian aluminum and steel imports
OTTAWA (Reuters) – Canada on Friday banned the import of all Russian aluminum and steel products in a move that Ottawa said was aimed at …
Ternium CEO says could build new $2 billion steel plant in northern Mexico
MEXICO CITY (Reuters) – Steelmaker Ternium is considering building a new $2.2 billion steel production plant near its current Pesqueria site in northern Mexico, the …
ArcelorMittal leads $120 million funding for green steel tech firm
By Isla Binnie NEW YORK (Reuters) – ArcelorMittal has led the latest, $120 million round of investment for Boston Metal in the startup’s quest to …
‘Real’ Meat Grown In Steel Vats Served At UN Climate Conference
‘Real’ Meat Grown In Steel Vats Served At UN Climate Conference Jack McEvoy on November 17, 2022 Individuals attending the United Nations COP27 climate conference …
Thyssenkrupp: no taboos on steel unit, no talks with Salzgitter on tie-up
FRANKFURT (Reuters) – Thyssenkrupp is not ruling out a sale, spin-off or merger of its steel division to realise a stand-alone scenario it deems best …