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...Biden made no mention of Nippon’s business in China, however, focusing instead on the need to retain American jobs....
...“It is important that we maintain strong American steel companies powered by American steel workers,” Biden said....
...However, traditional aluminium conductor steel reinforced cable lines are heavy and the thick steel support limits the volume of aluminium wires, which are responsible for transmission capacity....
...US Steel is an American icon. JPMorgan financed its creation; Andrew Carnegie helped to found it....
...Nippon Steel has agreed to buy US Steel in a $14.9bn deal, as the Japanese group targets the American market with its largest-ever acquisition....
...If Nippon Steel’s deal is approved, it will draw a mid-ranked American company under the umbrella of one of the world’s top three steelmakers, none of which is American....
...Chinese companies are not competing for as many American companies, as a result of rising geopolitical tension between Beijing and Washington....
...If they lose, it could be subsumed, effectively lost inside the private landholdings of wealthy individuals and corporations. It’s a legal grey area with sweeping consequences....
...But it is entertaining as well as scholarly, and it sheds interesting light on many of the personalities who have shaped or reshaped the American corporation....
...On Wednesday he vowed to keep US Steel in American ownership, and called for higher tariffs on Chinese steel and aluminium imports in a bid to shore up support with unions....
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...[My sculptures] are endlessly becoming”), or Holly Hendry’s “Sottobosco”, green-painted steel ducting, stainless steel, concrete canvas installed on the Hayward’s window ledges to imitate lichen....
...America is fond of big things, the Financial Times of 1901 remarked as it marvelled at the creation of the new United States Steel Corporation....
...Chinese companies aren’t competing for as many American companies given rising tensions between Washington and Beijing, while high US interest rates have led to private equity firms pulling back on deals...
...For example, I love coffee as much as the next American, but I know that a man with a manual bean grinder is an embassy’s worth of red flags....
...The hoopla over Nippon Steel’s bid for US Steel is a case in point — the administration has been saying we need to make new trade alliances to counter China, but is balking at a bid from a Japanese company...
...Stuck in the past US objections to Nippon Steel’s deal to buy US Steel reflect an outdated view of how close Japanese companies are to the state, the FT’s Leo Lewis writes, just as US PresidentJoe Biden...
...The EU is set to extend its truce with the US over steel tariffs imposed by Donald Trump until after the 2024 presidential election....
...Oliver Roeder They brought a custom-designed A-frame steel ladder, built by one of the hunters, Bradly Cape....
...Russia has constructed an elaborate maze of anti-tank ditches, trenches, concrete and steel obstacles, razor wire and minefields in the area....
...As a new white paper co-authored by academics from Georgetown and Columbia universities, as well as trade experts from the American Economic Liberties Project, points out, “corporations rarely invoke ISDS...
...His materials are sand (for concrete), salt (fertiliser), iron (and steel), copper (electrical wires), oil and lithium. One could quibble about the six — what about cobalt, nickel or platinum?...
...On the first page of Nathan Thrall’s book, Abed Salama leads his five-year-old son Milad though crowded alleyways under a “matrix of cables and wires and string lights”....
...Take the unseen network of fibre and wires that the US employs to weaponise its financial system against both enemies and allies....
...Rio makes most of its revenues selling iron ore, the main ingredient for steel making, to Chinese mills. The company counts state-backed Aluminum Corporation of China as its biggest shareholder....
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