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Helen Thomas
The UK is doing the right thing in steel — just badly
...As more metal reaches the end of its useful life, that will grow....
November 9, 2023
Mergers & Acquisitions
Bid for US Steel promises national security through consolidation
...Goncalves was born in Brazil, trained as an engineer and has spent his entire career in metals and mining....
August 18, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
News in-depthUS trade
US steel lobby mobilises to preserve Trump’s tariffs
...The shares of US steelmakers such as Nucor, Cleveland-Cliffs, Steel Dynamics and US Steel have more than doubled in the past year, according to S&P Global Market Intelligence....
May 25, 2021
News in-depthArcelorMittal SA
One-time king of steel Lakshmi Mittal hunts for growth in emerging markets
...But despite losing that prestigious position, the €22bn-valued metal and mining group has emerged from the Covid-19 pandemic in leaner shape....
January 14, 2021
British Steel Ltd
British Steel eyes foothold in US manufacturing
...Aterian Investment Partners, the private equity group that has owned Johnstown Wire since 2014, declined to comment....
November 4, 2018
US trade
Trade war winners and losers grapple with Trump tariff chaos
...Wiley Rein, Nucor’s law firm, has submitted objections to about 10 per cent of the published applications for exemptions from the steel tariffs....
July 24, 2018
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
Special ReportUS Steel Industry
Nucor chief on Trump and the case for protection
...For Nucor, the largest US steel group by market capitalisation, 2017 was a paradoxical year....
March 14, 2018
Special ReportUS Steel Industry
US steel industry changes up a gear for carmakers
...Texas-based Commercial Metals Company has run one for almost a decade and has commissioned a second one, while Nucor has committed $250m to build a micro mill and is eyeing sites for another....
March 14, 2018
US trade
US businesses seek clarity on Trump tariff plans
...Shares in steelmakers Nucor, US Steel and AK Steel, which had risen in response to Donald Trump’s original tariffs announcement, had by Friday dropped back to their lowest levels this year....
March 25, 2018
European companies
ArcelorMittal boosted by recovery in steel markets
...A rebound in steel prices and improving demand have given a boost to producers of the grey metal around the globe, with companies such as Nucor of the US and South Korea’s Posco also recently reporting higher...
January 31, 2018
News in-depthUS trade
US factories feel chilling effect of tariffs will halt revival
...Justin Rose, a Chicago-based partner at The Boston Consulting Group, said that for the past 10 to 15 years, the southern states had been competing hard to attract manufacturing....
July 12, 2018
Special ReportUS Steel Industry
US steel tariffs split business between delight and outrage
...Other producers such as Nucor have said the tariffs will pave the way for their own expansion plans....
March 14, 2018
US trade
Trump claims of Chinese dumping lift US steel shares
...Shares of US steel companies outperformed this week in anticipation that Donald Trump will impose tariffs after accusing China of dumping the metal in the US market....
July 14, 2017
News in-depthIndustrial metals
Steel industry grapples with curse of oversupply
...“Our current [global] overcapacity issue is bad,” said John Ferriola, chief executive of US group Nucor, speaking at the World Steel Association’s annual general meeting in Brussels earlier this month....
October 29, 2017
US & Canadian companies
Trump puts steel at the heart of industrial policy
...The commerce department brought anti-dumping and counter-subsidy actions against Chinese stainless steel plate this year and cold rolled sheet last year....
December 3, 2016
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
US equities
Steel stocks rise on ‘very bullish’ hopes
...Elsewhere, AbbVie shares fell after Morgan Stanley downgraded its view on the pharmaceuticals group....
June 8, 2016
Industrial metals
Indian group emerges as late bidder for Tata Steel
...Also on the list was a Chinese group and the US steel producer Nucor, according to one person with knowledge of the sales process....
May 9, 2016
US & Canadian companies
US Steel eyes recovery despite $340m quarterly loss
...Mr Longhi said the group would use every tool available to “fight for fair trade”....
April 26, 2016
News in-depthThe Big Read
Steel: Industry feels the heat
...Nucor of the US, for example, produces sheet steel for automakers and has taken over US Steel as the country’s biggest producer....
June 1, 2016
Industrial metals
US Steel: heavy metal
...Rivals such as Nucor buy iron ore or scrap steel and are able to exploit the low prices for those inputs....
March 17, 2015
US & Canadian companies
Steelmakers reap benefits from US shale gas revolution
...Nucor’s shares have risen 20 per cent in the past 12 months, but are still down 46 per cent from their 2008 peak....
June 18, 2013
Chinese politics & policy
China rebuffs scheme to cut steel emissions
...However, Dan Dimicco, chief executive of Nucor, a big US steelmaker, said the effort was close to “meaningless” if China’s companies did not join in....
December 29, 2011
US & Canadian companies
Anshan sees slowing Chinese steel demand
...In an unexpected move, Mr Zhang was this week elected to take over next year as the chairman of the WSA, the main trade group for the sector....
October 5, 2010
US equities
US investor focus shifts to earnings
...Nucor also moved ahead 3.8 per cent to $42.69 and Commercial Metals Company increased 2.8 per cent to $15.25....
February 16, 2010
World
Steelmaking chief upbeat
...John Lichtenstein, head of the metals industry group at Accenture, the consulting company, says he thinks world steel production next year will rebound by 8-10 per cent....
September 20, 2009

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