Nippon Steel clings to U.S. Steel takeover
The United Steelworkers union says it's raised concerns since the sale of U.S. Steel to Nippon Steel was proposed in 2023.
By Michele Pek SINGAPORE (Reuters) -Iron ore futures prices weakened for a third consecutive session on Wednesday, weighed down by dour outlook for Chinese steel exports and heightened trade tensions between the U.
Iron ore futures prices weakened for a third straight session on Wednesday, weighed by a dampening outlook for Chinese steel exports and rising trade tensions between the U.S. and top consumer China.
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
Canada and Mexico are the leading exporters of steel to the US, but most of their products likely can be readily produced in the US, Bloomberg Intelligence analysis shows.
The EU Commission on Tuesday said it will present plans to make Europe's ailing steel sector more competitive and to shield it from looming U.S. trade tariffs in the spring.
The aluminum company views a 25% tariff on aluminum imports resulting in about 20,000 direct U.S. industry jobs being cut, as well as many as 80,000 indirect jobs being eliminated, Chief Executive Bill Oplinger said.
Georgie Dagger's year has much to live up to after a 2024 in which she made her England debut, won the Grand Final, was named Woman of Steel and got married. She kicks off 2025 in Las Vegas.
The lumber tariff, more than steel, will have the most immediate impact on Rhode Island construction projects.
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