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...The ship, which was carrying a cargo of steel products and trucks from the Chinese port of Lianyungang to Jeddah in Saudi Arabia and Aqaba in Jordan, was flying the flag of Barbados....
...The group is Ukraine’s largest producer of iron ore and steel, and owner of the Azovstal and Ilyich metallurgical plants, which were attacked and captured by Russian forces in Mariupol in the first months...
...found mis-selling (FT) Private equity plunges into US college sports with Learfield deal (FT) SocGen battles Clifford Chance over fallout from unpaid gold bill (FT) UK government poised to back Tata Steel...
...Bloomberg’s Matt Levine is fond of joking that losing a million dollars in finance is a career-destroyer, but losing a billion dollars is cool: it showed you must have nerves of steel and that someone trusted...
...Super-cyclicals such as chips, chemicals and steel are carrying the tech and materials sectors. Airlines and homebuilders are screaming. It goes on and on....
...McAdam’s background in selling prefab steel structures encouraged his belief that the inhospitable desert rocks offered an ideal environment to create what he calls a “lonely-planet experience”....
...A bet on falling prices by Tsingshan, the world’s largest stainless steel producer run by Chinese industrialist Xiang Guangda, collided with fears of supply disruptions out of Russia, a large producer of...
...For example, the firm advised on guidelines for Kobe Steel about human rights due diligence....
...Russia and Ukraine are among the world’s biggest steel exporters....
...In August 2015, the steel columns of the Seagram building sliced through the sunlight and confined several dozen power lunchers at the Four Seasons restaurant inside a bronze cube....
..., almost all companies have moved away from a physical-based production, where you would have designed your car by carving out a body out of wood as your first mock-up and then built a prototype out of steel...
...Asian steel mills generated almost 75 per cent of BHP’s Scope 3 emissions of 402.5m tonnes of carbon dioxide equivalent in the year to June....
...“People are going to take a tour and say, ‘Do I want to be in that glass-and-steel tower or that cool Google building?’”...
...Extracts from his discussion with Alix Steel and Guy Johnson: AS: Were you aware of this risk when using the platform?...
...GFG’s operations — which include companies such as Liberty Steel — continued to trade on Monday but if the group were to fail, it would put tens of thousands of steel and engineering jobs at risk, spanning...
...If Liberty Steel, the steel subsidiary of GFG, is not able to secure hot rolled coil from ArcelorMittal it may have to purchase material in the open market, where supplies are currently tight....
...Gupta is the highly acquisitive industrialist who has been dubbed Britain’s “saviour of steel” for his acquisitions of unloved metals plants....
...We’re in the middle of a very heated moment and I can only tell you that the hardest steel is forged from the hottest fire.”...
...Reminder: Greensill had funded Gupta’s empire based on invoices from ostensibly independent companies that were actually linked to the steel magnate....
...(FT) News round-up Credit Suisse pegs potential Greensill fund losses at $3bn (FT) H&M and Nike face China backlash over Xinjiang stance (FT) UK willing to rescue Liberty Steel ‘in its entirety’ (FT)...
...It began life in 1953 as a steel cable company, but exited that business in 2005 a year after acquiring a hydrofluoric acid producer — used in Teflon, refrigerants and medications....
...ArcelorMittal, one of the world’s biggest steel producers, has announced Aditya Mittal will replace his father Lakshmi as chief executive, with the founder taking up the position of executive chairman....
...(Bloomberg) News round-up Thyssenkrupp ends talks with Gupta’s Liberty over steel unit (FT) Top Deutsche banker wooed clients for Wirecard months before collapse (FT) Crispin Odey ‘lunged’ at female...
...It recently rose above $200 a tonne for the first time in a decade on the back of demand from steel mills in Asia and Europe, which is picking up speed as coronavirus-related restrictions ease....
...To me, this ecosystem mirrors the industrial trusts at the turn of the 20th century in which oil, steel and railroad tycoons often worked together to protect their interests....
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