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Articles for Steels

Japan’s Nippon Steel sets sights on a growing overseas market in its bid to acquire US Steel
2 weeks, 4 days ago

Japan’s Nippon Steel sets sights on a growing overseas market in its bid to acquire US Steel

Associated Press  

KASHIMA, Japan — The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel. Nippon Steel officials didn’t disclose details of the fine technology they said the planned acquisition would offer U.S. Steel. William W. Grimes, professor of international relations and political science at Boston University, …

Japan Steel Nippon Steel Nippon
Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs
2 weeks, 6 days ago

Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs

Associated Press  

HARRISBURG, Pa. — President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., and he’s pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker. !” President Joe Biden, like Trump, also opposes Nippon Steel’s purchase of Pittsburgh-based U.S. Steel. In a statement Tuesday, the union said …

Japan Trump Biden President Pittsburgh Tax Incentives Nippon Steel
Nippon Steel’s Mori to Meet Steelworkers in Pittsburgh Next Week
1 month, 1 week ago

Nippon Steel’s Mori to Meet Steelworkers in Pittsburgh Next Week

Live Mint  

-- Nippon Steel Corp.’s Vice President Takahiro Mori is set for a US visit that will include a meeting next week with workers representing the three major local unions that run United States Steel Corp.’s iconic plants in the Pittsburgh area. United Steelworkers Local 2227 Vice President Jason Zugai said in an interview that he received a personal email from …

Trump Union Steel Pittsburgh Members Deal Us Steel
U.S. Steel’s decline nearly killed this town. Its sale could save it
2 months ago

U.S. Steel’s decline nearly killed this town. Its sale could save it

NPR  

U.S. Steel’s decline nearly killed this town. Its sale could save it toggle caption Nate Smallwood for NPR BRADDOCK, Pa. – Smoke spewing from an Edgar Thomson Works smokestack wafts over southwest Pennsylvania’s Monongahela River. toggle caption Nate Smallwood for NPR In a statement to NPR, U.S. Steel said it remains in support of the sale and that it “will …

Pennsylvania Sale Ransom Steel Pittsburgh Town Borough
Biden's nixing of steel deal reveals little trust in ally
3 months, 2 weeks ago

Biden's nixing of steel deal reveals little trust in ally

China Daily  

US President Joe Biden at the White House in Washington, US, May 15, 2024. US President Joe Biden is reportedly prepared to block Japan's Nippon Steel's proposed acquisition of US Steel. Biden raised "national security" concerns over the deal several months ago saying it is "vital for it to remain an American steel company that is domestically owned and operated". …

Japan Union Steel Biden Us Steel Nippon Steel Nippon
Biden's nixing of steel deal reveals little trust in ally
3 months, 2 weeks ago

Biden's nixing of steel deal reveals little trust in ally

China Daily  

US President Joe Biden at the White House in Washington, US, May 15, 2024. US President Joe Biden is reportedly prepared to block Japan's Nippon Steel's proposed acquisition of US Steel. Biden raised "national security" concerns over the deal several months ago saying it is "vital for it to remain an American steel company that is domestically owned and operated". …

Japan Union Steel Biden Us Steel Nippon Steel Nippon
Team China steels itself for tough test
3 months, 2 weeks ago

Team China steels itself for tough test

China Daily  

Team China players during a training session in Tokyo on Tuesday. WU ZHIZHAO/FOR CHINA DAILY Despite being outranked in almost every metric of the game by the Samurai Blue, Team China refuses to give up fighting, as it heads to Japan to kick off the third stage of the Asian qualifiers for the 2026 World Cup. But, it doesn't mean …

China Japan World Cup Team Japanese Saudi Arabia Group
Harris opposes U.S. Steel’s sale to a Japanese firm in Pennsylvania appearance with Biden
3 months, 3 weeks ago

Harris opposes U.S. Steel’s sale to a Japanese firm in Pennsylvania appearance with Biden

LA Times  

Democratic presidential nominee Vice President Kamala Harris and President Biden arrive to campaign at the IBEW Local Union #5 hall in Pittsburgh on Sept. 2, 2024. Vice President Kamala Harris used a joint campaign appearance with President Biden in the crucial swing state of Pennsylvania to say that U.S. Steel should remain domestically owned — concurring with the White House’s …

Japan Trump Pennsylvania Sale Union Steel Washington
Nippon Steel boosts capital commitment to US Steel plants
3 months, 3 weeks ago

Nippon Steel boosts capital commitment to US Steel plants

Associated Press  

HARRISBURG, Pa. — Nippon Steel Corp. raised its capital commitment Thursday by more than $1 billion to spend on U.S. Steel’s plants amid entrenched political and labor opposition to the Japanese company’s nearly $15 billion acquisition of the iconic American steelmaker. The announcement was lauded by David Burritt, U.S. Steel’s president and CEO, as evidence of Nippon Steel’s desire to …

Commitment Pennsylvania Steel President Pittsburgh Nippon Steel Nippon
Automakers creating new steels to make safer, more fuel-efficient cars
4 months, 2 weeks ago

Automakers creating new steels to make safer, more fuel-efficient cars

The Hindu  

This article is republished from Knowable Magazine. The new steels, dozens of varieties and counting, combined with lightweight polymers and carbon fiber-spun interiors and underbodies, hark back to the heady days at the start of the last century when, he says, “Detroit was Silicon Valley.” Such materials can reduce the weight of a vehicle by hundreds of pounds — and …

Detroit Materials Steel Metal Vehicle Automakers Taub
Love Island SPOILER: New bombshell Lolly Hart makes a beeline for Joey Essex as she steels him for a romantic date in the hideaway and doesn't hold back on her feelings
5 months, 1 week ago

Love Island SPOILER: New bombshell Lolly Hart makes a beeline for Joey Essex as she steels him for a romantic date in the hideaway and doesn't hold back on her feelings

Daily Mail  

The Love Island villa is about to be shaken once again as new bombshell Lolly Hart makes a beeline for Joey Essex during the latest episode on Thursday night. The Love Island villa is about to be shaken once again as new bombshell Lolly Hart makes a beeline for Joey Essex during the latest episode on Thursday night Flight attendant …

Social Media Love Villa Grace Date Island Emma
Sale of US Steel kicks up a political storm, but Pittsburgh isn’t Steeltown USA anymore
5 months, 1 week ago

Sale of US Steel kicks up a political storm, but Pittsburgh isn’t Steeltown USA anymore

Associated Press  

PITTSBURGH — Generations of Pittsburghers have worked at steel mills, rooted for the Steelers or ridden the rollercoaster at Kennywood amusement park, giving them a bird’s eye view of the massive Edgar Thomson Works, the region’s last blast furnace. With the United Steelworkers against the deal, Biden — a Democrat who has made his support for organized labor explicit and …

Political Jobs Pennsylvania Sale Plants Union Democratic
Tata Steel's UK workers to strike over job cuts and blast furnace closures
6 months ago

Tata Steel's UK workers to strike over job cuts and blast furnace closures

Hindustan Times  

Tata Steel’s workers in the UK will begin an "indefinite strike" from July 8 in protest over the company's plans to cut jobs, marking the UK’s first strike by steelworkers in 40 years. Tata Steel's Port Talbot steel production plant is seen at night time Around 1,500 workers based in the Port Talbot and Llanwern steel plants will begin an …

Strike Port Steel Tata Unite Tata Steel Furnace
US Steel Shareholders Approve Nippon Steel’s $14.1 Billion Takeover Offer
8 months, 1 week ago

US Steel Shareholders Approve Nippon Steel’s $14.1 Billion Takeover Offer

Live Mint  

-- United States Steel Corp. shareholders voted in favor of a $14.1 billion takeover offer by Nippon Steel Corp., leaving the fate of the deal for the iconic American steelmaker to the realm of US regulators and politics. Investors of US Steel approved the Japanese steelmaker’s $55-a-share offer at a special shareholders’ vote Friday that was widely expected to pass, …

Us Steel Nippon Steel
DOJ opens formal investigation of US Steel takeover
8 months, 2 weeks ago

DOJ opens formal investigation of US Steel takeover

Politico  

“Japan believes that appropriate procedures based on law are being implemented by the US government,” Kishida said Wednesday at a joint press conference with Biden. Last month President Joe Biden highlighted those concerns in a highly unusual statement, spaced well before Kishida’s arrival, saying it must “remain an American steel company that is domestically owned and operated.” The president, this …

Steel Biden Nippon Steel
和评理｜喊着“自由市场”实际“美国优先”：美式“双标”何时休
8 months, 3 weeks ago

和评理｜喊着“自由市场”实际“美国优先”：美式“双标”何时休

China Daily  

放眼当今世界，一直在削弱自由市场、对经济全球化构成最大威胁的究竟是哪个国家？如果仍然有人对此心存疑惑，那看看最近新日本制铁公司（以下简称新日铁）计划收购美国钢铁公司的事件，或许就会有答案。 去年12月，新日铁宣布，拟以总额141亿美元的出价收购位于匹兹堡的美国钢铁公司。许多商业界人士认为，该项收购对工会工人及美国钢铁产业来说都较为有益。作为全球第四大钢铁制造商的新日铁更是向美国政府表态，称该笔收购将会成为“抗衡中国在全球钢铁制造行业领先地位的重要手段”。 “新日铁将不断提高质量，强化竞争力，为依赖美国钢铁制品的全球关键产业客户提供所需产品，以此推进美国利益优先，同时，我们也将帮助美国产业供应链进一步实现强化，筑牢经济防御力量，以对抗中国，” 新日铁在一份声明中这样表示。不仅如此，日本执政党自民党籍众议院议员、前经济产业大臣甘利明最近还跳出来声称：“这一收购协议将成为日美作为盟友合作的象征……以借此对抗中国日益增强的技术实力。” 为了提高交易成功的概率，新日铁已经承诺把其美国总部迁至美国钢铁的总部所在地匹兹堡。目前新日铁在美国已经雇佣了约4000名员工。此外新日铁方面还表示，其正在与反对该项收购的美国钢铁工人联合会接触，并在保障就业、投资以及其他方面作了一系列具体承诺。 尽管新日铁方面已经做出种种“姿态”，其所出的价码也似乎相当丰厚，是另外一家美国竞购者的两倍，但华盛顿的两党政客们还是都选择了与美国钢铁工人联合会站在一道，以日渐狭隘的民族主义、保护主义经济视角来共同反对这笔收购案。 讽刺的是，美国政客们更以新日铁在中国的业务为由，对这项收购提出了所谓的“关切”——尽管新日铁宣称，其在华业务范围有限，且产能只占其公司全球产能的不到5%。 即将于11月拉开帷幕的美国大选，无疑加剧了这种沙文主义情绪，美国民主共和两党也借此大做文章，争先恐后要充当代表工人利益的“旗手”，以争夺工人的选票。当地时间3月14日，美国总统拜登公开表态称：“一个多世纪以来，美国钢铁公司一直是美国钢铁业的标志性企业，让这家企业保持美国所有和国内经营至关重要。”一周后，拜登就获得了美国钢铁工人联合会对他竞选的支持。 拜登的对手，共和党人特朗普在此前也曾表示，如果自己成功重返白宫，将阻止这项收购案，并称之为一件“可怕的事情”。 所有这一切都明确无误地预示着，目前美国正在逆转其长期以来的开放政策导向，即欢迎外国贸易与投资，对市场尽可能减少政府干预，进而转为更为保护主义的倾向。更多的证据也可以从拜登2024年的国情咨文中找到，其在上个月所作的国情咨文中充斥着各种保护主义的承诺，称政府将继续“购买美国货”。 一直以来，美国都将自己标榜为“自由贸易的捍卫者”，并对中国“指手画脚”，指责中国没有为外国投资者扩大市场准入、提供公平环境，但美国的所作所为，无论是反对本次新日铁对美国钢铁公司的收购，还是为打压中国高科技企业出台一系列限制性政策，却似乎都与其“人设”并不相符。 嘴上说的是一套，做的却又是另一套，这样的“美式双标”戏码还要演多久？ 本文编译自《中国日报》4月3日社论 原标题：US steels itself to be more protectionist 出品：中国日报社论编辑室 中国日报中文网 编译：涂恬 编辑：李海鹏 【责任编辑：涂恬】

和评理｜喊着“自由市场”实际“美国优先”：美式“双标”何时休
8 months, 3 weeks ago

和评理｜喊着“自由市场”实际“美国优先”：美式“双标”何时休

China Daily  

放眼当今世界，一直在削弱自由市场、对经济全球化构成最大威胁的究竟是哪个国家？如果仍然有人对此心存疑惑，那看看最近新日本制铁公司（以下简称新日铁）计划收购美国钢铁公司的事件，或许就会有答案。 去年12月，新日铁宣布，拟以总额141亿美元的出价收购位于匹兹堡的美国钢铁公司。许多商业界人士认为，该项收购对工会工人及美国钢铁产业来说都较为有益。作为全球第四大钢铁制造商的新日铁更是向美国政府表态，称该笔收购将会成为“抗衡中国在全球钢铁制造行业领先地位的重要手段”。 “新日铁将不断提高质量，强化竞争力，为依赖美国钢铁制品的全球关键产业客户提供所需产品，以此推进美国利益优先，同时，我们也将帮助美国产业供应链进一步实现强化，筑牢经济防御力量，以对抗中国，” 新日铁在一份声明中这样表示。不仅如此，日本执政党自民党籍众议院议员、前经济产业大臣甘利明最近还跳出来声称：“这一收购协议将成为日美作为盟友合作的象征……以借此对抗中国日益增强的技术实力。” 为了提高交易成功的概率，新日铁已经承诺把其美国总部迁至美国钢铁的总部所在地匹兹堡。目前新日铁在美国已经雇佣了约4000名员工。此外新日铁方面还表示，其正在与反对该项收购的美国钢铁工人联合会接触，并在保障就业、投资以及其他方面作了一系列具体承诺。 尽管新日铁方面已经做出种种“姿态”，其所出的价码也似乎相当丰厚，是另外一家美国竞购者的两倍，但华盛顿的两党政客们还是都选择了与美国钢铁工人联合会站在一道，以日渐狭隘的民族主义、保护主义经济视角来共同反对这笔收购案。 讽刺的是，美国政客们更以新日铁在中国的业务为由，对这项收购提出了所谓的“关切”——尽管新日铁宣称，其在华业务范围有限，且产能只占其公司全球产能的不到5%。 即将于11月拉开帷幕的美国大选，无疑加剧了这种沙文主义情绪，美国民主共和两党也借此大做文章，争先恐后要充当代表工人利益的“旗手”，以争夺工人的选票。当地时间3月14日，美国总统拜登公开表态称：“一个多世纪以来，美国钢铁公司一直是美国钢铁业的标志性企业，让这家企业保持美国所有和国内经营至关重要。”一周后，拜登就获得了美国钢铁工人联合会对他竞选的支持。 拜登的对手，共和党人特朗普在此前也曾表示，如果自己成功重返白宫，将阻止这项收购案，并称之为一件“可怕的事情”。 所有这一切都明确无误地预示着，目前美国正在逆转其长期以来的开放政策导向，即欢迎外国贸易与投资，对市场尽可能减少政府干预，进而转为更为保护主义的倾向。更多的证据也可以从拜登2024年的国情咨文中找到，其在上个月所作的国情咨文中充斥着各种保护主义的承诺，称政府将继续“购买美国货”。 一直以来，美国都将自己标榜为“自由贸易的捍卫者”，并对中国“指手画脚”，指责中国没有为外国投资者扩大市场准入、提供公平环境，但美国的所作所为，无论是反对本次新日铁对美国钢铁公司的收购，还是为打压中国高科技企业出台一系列限制性政策，却似乎都与其“人设”并不相符。 嘴上说的是一套，做的却又是另一套，这样的“美式双标”戏码还要演多久？ 本文编译自《中国日报》4月3日社论 原标题：US steels itself to be more protectionist 出品：中国日报社论编辑室 中国日报中文网 编译：涂恬 编辑：李海鹏 【责任编辑：涂恬】

US steels itself to be more protectionist: China Daily editorial
8 months, 3 weeks ago

US steels itself to be more protectionist: China Daily editorial

China Daily  

The logo of Nippon Steel Corp. is seen at an office building where the company's head office in Tokyo on Dec 19, 2023. If there is anyone out there who is still doubtful about which country poses the biggest threat to economic globalization by chipping away at the free market, the proposed merger between Japan's Nippon Steel and US Steel …

China Japan Steel Japanese Washington American Us Steel
A billion-dollar coal deal in JSW Steel's sights
10 months ago

A billion-dollar coal deal in JSW Steel's sights

Live Mint  

Mumbai: JSW Steel Ltd is in talks with Australia’s Whitehaven Coal to buy a 20% stake in its Blackwater mine for around $1 billion, two people aware of the matter said. JSW Steel’s talks with Whitehaven follow its failed bid to acquire a majority stake in the metallurgical coal business of Canada’s Teck Resources in 2023, which was snapped up …

India Coal Steel Whitehaven Jsw Steel Jsw
Love Island fans slam Georgia Steel's 'forced' apology to Callum Jones as he brushes off her pleas for forgiveness: 'She's fuming he doesn't want her!'
10 months, 2 weeks ago

Love Island fans slam Georgia Steel's 'forced' apology to Callum Jones as he brushes off her pleas for forgiveness: 'She's fuming he doesn't want her!'

Daily Mail  

Love Island fans were quick to slam Georgia Steel's 'forced' apology to Callum Jones, as she attempted to make amends after her lies were exposed. And after her lies came to light, Georgia once again attempted to apologise to Callum in Wednesday's episode, with fans quickly noting that he 'couldn't care less' about their dispute anymore. Love Island fans were …

Georgia Quick Molly Tom Love Island Toby Islanders
Till the Stars Come Down review: A wedding goes awry in a crowd-pleasing comedy with series finale energy
10 months, 3 weeks ago

Till the Stars Come Down review: A wedding goes awry in a crowd-pleasing comedy with series finale energy

The Independent  

A pair of elasticated Spanx pings into a near-hysterical audience in the first act of Beth Steel’s zingy comedy, set at a small town Northern wedding where all decorum breaks down. open image in gallery The cast of ‘Till the Stars Come Down’ Bijan Sheibani’s pacy, stylish production ramps up this story’s epic side by turning the stage into a …

Unions threaten to shut down steelworks over 3,000 job losses
11 months ago

Unions threaten to shut down steelworks over 3,000 job losses

The Telegraph  

The steel giant, which is owned by Indian conglomerate Tata Group, on Friday said that about 2,500 jobs will be lost within the next 18 months. Another 300 redundancies are expected to be made in the next few years, which could include jobs at Tata Steel’s cold rolling operation in Llanwern in Newport, South Wales. The mass layoffs are part …

Job Jobs Steel Tata Tata Steel
Stocks to Watch: TCS, Infosys, Spicejet, Nuvama Wealth, Polycab, Kalyani Steels
11 months, 1 week ago

Stocks to Watch: TCS, Infosys, Spicejet, Nuvama Wealth, Polycab, Kalyani Steels

Live Mint  

Following are the top ten stocks that are likely to be in focus on Thursday: Tata Consultancy Services: TCS is expected to report a tepid growth in revenue and profit after tax for the third quarter of the current financial year on account of the prevailing weakness in discretionary spending in key markets in the West. Nuvama Wealth Management: The …

Company Crore Polycab India Spicejet Nuvama Infosys Spicejet Infosys Spicejet Nuvama
Baking Steels: The Kitchen Tool That Prevents Soggy-Bottomed Pie Crusts
1 year, 1 month ago

Baking Steels: The Kitchen Tool That Prevents Soggy-Bottomed Pie Crusts

Huff Post  

Daniela Simona Temneanu / EyeEm via Getty Images Pie lovers and “Great British Bake Off” fans alike are all too familiar with the dreaded soggy bottom. Placing your pie plate directly on the steel to send a lot of heat directly to the bottom of your pie crust will help it bake through before the juices in your pie have …

Heat Baking Bake Oven Steels Baking Steels Pie Crust