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...But as president he has sought to extend the security concept to safeguarding the US industrial base. Nippon’s takeover is no threat to the US economy, but could enhance it....
...The venerable American business was once the backbone of its country’s industrial base. In recent decades it has suffered from the onslaught of cheap foreign producers, first from Japan, then China....
...Musk initially unveiled the truck at a launch event in 2019 where the truck’s window was smashed by a steel ball while testing its supposedly unbreakable qualities....
...The STDC had been joined in its action by Teesworks Ltd, the public-private joint venture set up to develop the steel site....
...Privately held industrial and steel group Esmark made its $10bn all-cash offer on Tuesday, though the person involved in the process said it had provided few details about the financing needed to execute...
...Embattled metals magnate Sanjeev Gupta’s Liberty Steel was also given surplus emissions allowances for a steel mill in Wales that was idled this year....
...“We dug our own grave with Cybertruck,” Musk said, as a result of the vehicle’s angular design and unusual stainless steel body....
...While aluminium costs more than steel, “if you combine all of the elements, the cost structure should be flattish or slightly better, but in terms of performance the gigacasting is clearly better,” said...
...Chinese steel exports have increased over the past two years, as has crude steel production. Residential property market problems do not yet seem to be hitting domestic steel demand....
...“Do we want green steel or data centres for Facebook?” Brandtzæg said governments needed to set priorities over which industries could receive special access to energy....
...A downturn in the country’s steel and coal industries in the 1990s and early 2000s battered its economy....
...His investment firm, Steel Partners, had been a big shareholder at the company for years and it sought to remove Drake in a heated battle for control....
...Environmentalists see such links as allowing companies to get away with poor mining and industrial practices....
...Hundreds of billions of dollars will be needed by heavy industries — such as steel, cement, and chemicals — if they are to swap fossil fuels for clean energy and help the world avoid catastrophic climate...
...But amid all the EV excitement — and anxiety about the alarmingly limited supply of battery metals — many investors and industrial groups are now looking more closely at hydrogen too....
...A version of this article was first published by Nikkei Asia on August 25 2022. ©2022 Nikkei Inc. All rights reserved....
...Russia’s invasion of Ukraine is squeezing natural gas supplies to Europe, causing record eurozone inflation, eroding household spending and hitting industrial production....
...A version of this article was first published by Nikkei Asia on August 31, 2022. ©2022 Nikkei Inc. All rights reserved....
...wins TV rights for Indian T20 cricket but loses out on streaming (FT) Hollywood talent agency UTA agrees to buy UK’s Curtis Brown (FT) Countryside up for sale after shareholder pressure (FT) Liberty Steel...
...A version of this article was first published by Nikkei Asia on August 5 2022. ©2022 Nikkei Inc....
...The varied portfolio within Alleghany Capital, including a steel fabricator and a maker of toy figurines, managed a healthy 12 per cent return on equity in 2021....
...And those coils of steel and aluminium within two weeks are driving off the plant as vehicles....
...s=20 Yep, Tesla is selling a $50 stainless steel whistle — “cyberwhistle”, even — based on the design of its Frankenstein’s monster of a truck. Well it was selling it. It is, of course, now sold out....
...Looks like the medical-grade stainless steel on those whistles is getting some use, then, as this just flashed on our Eikon: EXCLUSIVE-SEC HAS OPENED INVESTIGATION INTO TESLA OVER WHISTLEBLOWER CLAIMS ON...
...Amid reports of the cruelty of industrial agriculture, many young farmers working on smaller, family-run farms want to show a different side to their work....
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