President Trump faces a crucial economic decision on whether to approve Nippon Steel’s acquisition of U.S. Steel.

Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in ...

Attorneys for U.S. Steel argued in federal court in Pittsburgh on Wednesday that statements made by their rival Cleveland-Cliffs and the head of the Steelworkers Union amounted to an illegal ...

Nippon Steel is looking to revive its plan to purchase iconic American steelmaker US Steel, despite President Donald Trump’s statements earlier this month that it is only interested in an “investment” ...

India has not taken any decision to merge KIOCL and NMDC, junior Steel Minister Bhupathiraju Srinivasa Varma said in a written response in parliament on Tuesday. The steel ministry had proposed a ...

CPI State secretary supports protests for Visakhapatnam Steel Plant, opposes privatization, urges active participation in ...

Algoma Steel Group Inc. (ASTL) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.70. This compares to loss of $0.57 per share a year ago. These ...

Photos by Jeff Helsel / Mon Valley Independent ...

Donald Trump's latest threat of 50% tariffs on Canadian steel and aluminum upended markets Tuesday, but his plan for duties there could be heartily welcomed by American manufacturers of those ...

The Ministry of Steel had proposed merging NMDC with KIOCL, and the proposal was submitted to the Ministry of Finance around December 2024.

U.S. Steel and Nippon have sued the federal government in Washington, D.C., arguing that Biden blocked the merger to serve his political agenda.

The steel ministry had proposed a merger of the miners in January, but the divestment department informed that "there is no such decision" at present, Varma said. Sign up here. Asian stocks fell ...