Trump approves US Steel, Nippon Steel partnership
US president Donald Trump signed an executive order Friday approving a partnership between US Steel and Nippon Steel after the companies reached agreement on US national security guarantees...
Tags : Steel
US Steel shares skyrocket
Shares of steelmaker US Steel skyrocketed as much as 24 per cent on Friday after President Donald Trump announced his support for a 鈥榩artnership鈥� with Nippon Steel...
Trump greenlights Nippon Steel tie with US Steel
US president Donald Trump on Friday threw his support behind a new 鈥榩artnership鈥� between US Steel and Japan鈥檚 Nippon Steel, sending the American firm鈥檚 share price skyrocketing on hopes of an end to the long-running saga over foreign ownership of a key national asset...
MBPLC鈥檚 Steel Mill sub-branch shifted
Mercantile Bank PLC on Thursday shifted its Steel Mill sub-branch at a new location, said a press release...
Govt offices to get Honda motorcycles thru Atlas
Atlas Bangladesh Limited, a company controlled by Bangladesh Steel and Engineering Corporation under the industries ministry, on Wednesday signed a business agreement with Bangladesh Honda Private Limited at BSEC premises in Dhaka, said a press release...
Lawmakers hold emergency debate to save British Steel
UK lawmakers held a rare Saturday parliamentary debate as the government seeks to pass emergency legislation to stop the last British factory that can make steel from scratch shutting down.
China, EU vow steps against US steel tariffs
China and the EU vowed Wednesday to strike back and defend their economic interests against sweeping new US steel and aluminium tariffs, moving Washington closer to an all-out trade war with two major partners...
Japan seeks exemption from US steel tariffs
Japan asked the United States on Wednesday to be exempt from President Donald Trump鈥檚 tariffs on steel and aluminium exports, Tokyo鈥檚 top government spokesman said...
Trump鈥檚 protectionist power play
US聽PRESIDENT Donald Trump announced 25 per cent tariffs on foreign steel and aluminium imports聽on February 10, doubling down on his protectionist agenda to 鈥榖oost鈥� the US economy through import taxes, a move that could disrupt trade with key partners. Set to take effect on March 4, the tariffs will impact the 25 million tonnes of steel the US imports...
Trump says Nippon Steel to 鈥榠nvest鈥� in US Steel, not buy it
US president Donald Trump said on Friday that Japan鈥檚 Nippon Steel will make a major investment in US Steel, but will no longer attempt to take over the troubled company...
Green steel plant built under JICA fund
An environment friendly steel plant of Bangladesh Steel Re-Rolling Mills Limited was built in Chattogram under the Private Sector Investment Finance scheme of Japan International Cooperation Agency...
Biden blocks US Steel sale to Japan鈥檚 Nippon Steel
US Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a controversial $14.9 billion deal for the Japanese company to buy its American rival...
SS Steel reports revenue of Tk 2,407 crore in FY 2023-24
SS Steel Limited reported record financial performance for the fiscal year that ended on June 30, 2024, says a press release.
Chile鈥檚 biggest steelworks sunk by cheap Chinese imports
It鈥檚 the end of an era: after 74 years the blast furnace at Chile鈥檚 biggest steelmaker will be turned off on Monday, snuffed out by competition from China with the loss of thousands of jobs...
Businesses warn Yellen on 鈥榩olitical pressure鈥� over US Steel sale
Major Japanese and American business groups have urged US treasury secretary Janet Yellen not to succumb to political pressure when reviewing Nippon Steel鈥檚 proposed acquisition of United States Steel...
Steel sector for easing of tariff rules in raw material import
Businesspeople and entrepreneurs on Saturday urged the interim government chief Muhammad Yunus to take necessary steps for simplification of the product tariff process and...
Tata threatens to shut steelworks early ahead of strike
Tata Steel UK has threatened to close its two blast furnaces in Port Talbot in south Wales earlier than planned due to an upcoming strike, sparking concern among politicians before next week's general election...
Tata Steel UK staff to stage indefinite strike: union
Tata Steel UK staff in south Wales will begin an 鈥榠ndefinite strike鈥� from July 8 in protest over the company鈥檚 job-slashing plans, trade union Unite said...
Biden pushes to higher tariffs on Chinese steel, aluminium
US president Joe Biden on Wednesday urged a tripling of tariffs on Chinese steel and aluminium, citing 鈥榰nfair competition鈥� as he seeks to win blue-collar votes in November鈥檚 election...