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Nippon Steel
Senators urge White House to investigate Nippon Steel ties to China
...The Horizon report says Nippon has been instrumental in helping the Chinese steel industry to develop, including through one joint venture involving Baosteel, the largest Chinese steel company....
April 2, 2024
US-China trade dispute
US steel unions urge Joe Biden to open probe into Chinese shipbuilding
...The American steel industry has become a political issue in the 2024 presidential election after Nippon Steel last year launched a $14.9bn takeover of US Steel, headquartered in Pittsburgh, a city in the...
March 12, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
UK manufacturing
Fears grow for British Steel’s rescue deal
...Industry and government figures said talks were continuing and that an agreement could still be struck by the summer. Two people close to the situation said Jingye would soon submit a full proposal....
April 20, 2024
LexChinese business & finance
Iron ore’s plunge bodes ill for steel demand — and China’s economy Premium content
...Further steel price and margin declines, followed by industry consolidation, appear inevitable. june.yoon@ft.com...
March 4, 2024
News in-depthIndustrial metals
Boom times for scrap metal as UK steel industry goes green
...What we need as a country is a vibrant recycling industry and a vibrant steel industry that can compete on a global level based on efficiency.”...
January 12, 2024
Industrial metals
Rise in Chinese steel output drives sharp rally in iron ore
...hedge fund Svelland Capital....
December 9, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Visual Arts
Hampi Art Labs — forged from a blend of heritage and steel
...India’s biggest integrated steel manufacturing plant was founded a quarter of a century ago on arid land above a belt of iron ore....
March 12, 2024
The FT ViewThe editorial board
A step into the unknown for Britain’s steel industry
...Port Talbot is not a defence producer, and supporters of Tata’s plan argue it makes UK industry overall more resilient. Blast furnaces use iron ore and coal, which the UK has to import....
January 23, 2024
InterviewArcelorMittal SA
Rome must provide green funding to ArcelorMittal plant, industry chief says
...“If the government were to fund two new direct reduced iron systems it could go back to producing 5mn tonnes per year,” Gozzi estimated....
January 29, 2024
Thyssenkrupp AG
Daniel Křetínský buys 20% stake in Thyssenkrupp’s steel unit
...Thyssenkrupp is also struggling to decarbonise its steel production as the cost of carbon credits that the industry needs to buy to offset emissions is set to rise further....
April 26, 2024
LexHelen Thomas
The Lex Newsletter: Sizing up the return of mining megadeals Premium content
...In taking on this mega-deal, BHP has signalled not only its determination to shift its portfolio decisively away from steel-making commodities such as iron ore — but also its belief that the era of the mining...
May 10, 2024
ArcelorMittal SA
ArcelorMittal warns that one of its main divisions could quit UK
...and multiple strategic industries....
May 5, 2024
Tata Steel Ltd
Tata Steel to lay off 2,800 workers in major UK restructuring
...’s steel industry....
January 18, 2024
Chinese trade
China’s bumper steel exports fuel oversupply concerns
...Chinese steel exports are at an eight-year high as a property crisis undermines domestic consumption in the world’s second-largest economy and fuels concerns of global oversupply across several industries...
March 21, 2024
Commodities
Unions vow to fight on as Tata Steel confirms plans to close blast furnaces
...industries.”...
April 25, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
US trade
Joe Biden declares opposition to Nippon Steel’s takeover of US Steel
...Trump said it was a “horrible thing” that US Steel might be sold to a foreign entity. “We saved the steel industry, now US Steel is being bought by Japan,” Trump added. “It’s so terrible.”...
March 15, 2024
Tata Steel Ltd
Tata Steel workers vote to strike over Port Talbot blast furnace closures
...“Steelworkers now have a chance to be a part of history and to take a stand to protect our vital steel industry,” he said....
April 11, 2024
Trade Secrets
Lie back and think of Pennsylvania Premium content
...But yes, it’s the steel industry again, screwing up the global trading system for everyone else....
March 18, 2024
LexBasic resources
Iron ore/China: rusty metal shines in markets Premium content
...Chinese steel mills appear to be losing money when producing basic steel for construction. Both coking coal and iron ore are relatively expensive....
January 1, 2024
US-China trade dispute
Joe Biden calls for tripling of tariffs on Chinese steel
...She is also set on Wednesday to unveil a probe into unfair practices in the Chinese shipbuilding industry, following a petition from United Steelworkers....
April 17, 2024
Tata Steel Ltd
Tata Steel to close last two blast furnaces in Port Talbot
...The closures are the latest chapter in decades of decline for Britain’s steel industry and will leave the UK as the only major economy without the ability to make primary steel from iron ore and coal....
January 19, 2024
LexBasic resources
Nippon Steel/US Steel: Japan Inc must recall lessons of history Premium content
...The US iron ore miner-turned- steel-consolidator kicked off merger and acquisition fireworks in August with a much lower unsolicited bid for US Steel....
December 18, 2023
FirstFT
FirstFT: Biden to call for higher tariffs on Chinese steel imports
...Read more on the president’s push to raise prices on imported Chinese steel and what it could mean for the election....
April 17, 2024
LexIndustrial metals
Europe can still avoid the coming ‘green steel’ crunch Premium content
...Italy’s industry association has called for subsidies to support the steel mill formerly known as Ilva....
January 30, 2024
Letter
Letter: WTO and steel sector align carbon counting
...At the behest of the industry, we took the steel sector as a starting point in tackling the trade conundrum of counting carbon....
February 16, 2024

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