Steel

Japanese PM Ishiba, Trump concur on keeping US Steel American
09 Feb 2025
Japanese Prime Minister Shigeru Ishiba and US President Donald Trump have agreed that US Steel Corporation will remain American

Nippon Steel and US Steel move court against President Biden’s order blocking deal
04 Feb 2025
Nippon Steel Corporation along with its wholly owned subsidiary Nippon Steel North America, Inc, and United States Steel Corporation

Cabinet approves Rs11,440-cr revival plan for Rashtriya Ispat Nigam Ltd
19 Jan 2025
The union cabinet has approved a Rs11,440-crore revival plan for Rashtriya Ispat Nigam Ltd (RINL), which operates the Visakhapatnam Steel Plant

Biden administration delays enforcement of order blocking Nippon Steel and U.S. Steel deal
By Axel Miller | 13 Jan 2025
The Biden administration has delayed enforcing its order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel until June

President Joe Biden blocks Nippon Steel’s acquisition of US Steel
04 Jan 2025
US President Joe Biden has blocked Japanese steel major Nippon Steel’s proposed acquisition of US Steel by invoking provisions of the defence production and national security Acts.

Nippon Steel awaits Joe Biden’s approval for US Steel acquisition
01 Jan 2025
Nippon Steel Corporation has said its proposed acquisition of US steel is awaiting President Joe Biden’s approval.

JSW-JFF venture to buy Thyssenkrupp Electrical Steel India for $482 million
19 Oct 2024
A joint venture of JSW Steel and Japanese steel maker JEF Steel Corp is acquiring the Indian unit of German steel giant Thyssenkrupp for Rs4,051 crore ($482.1 million) in cash

Thyssenkrupp loses appeal against EC veto on Tata Steel joint venture
07 Oct 2024
Thyssenkrupp has lost its fight against an anti-trust ruling by European Commission on its proposal for a joint venture with Tata Steel Europe

New blast furnace ups crude steel capacity at Tata Steel Kalinganagar by 5 million tonnes
22 Sep 2024
Tata Steel on Friday commissioned a 5 million tonnes per annum capacity blast furnace at Kalinganagar, Orissa, raising the plant’s crude steel capacity to 8 million tonnes from 3 million tonnes.

Tata Steel secures £500 m UK govt grant for green steel initiative at Port Talbot
21 Sep 2024
Tata Steel has secured a £500 million grant from the UK government for the construction of an electric arc furnace at its Port Talbot steel plant in Wales