Tag: Steel
California House Race Between Steel and Tran Is Closest in the Nation
The closest House race in the nation is in Southern California, where Representative Michelle Steel is trailing her challenger, Derek Tran, by a tiny [...]
U.S. Steel C.E.O. Says Nippon Deal Will Strengthen National Security
David Burritt expressed confidence that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backl [...]
Tata Steel: Ministers confirm £500m subsidy
Getty ImagesMinisters say the deal secures the future of Tata's Port Talbot plantThe UK government says it has reached a "new and improved deal" with [...]
Josh Shapiro, a V.P. Contender, Criticized U.S. Steel Takeover and Defended His Tax Cuts
The proposed acquisition of the American company by Japan’s Nippon Steel has become a sensitive political matter, with both President Biden and Donald [...]
Great concern over Tata Steel, says prime minister
39 minutes agoBy Mark Palmer, Assistant editor, BBC Wales News • David Deans, Political reporter, BBC Wales NewsPrime minister surprises children's ch [...]
Political Furor Over U.S. Steel Bid Puts Cfius in Spotlight
Backlash over the deal has echoes of the 1980s when Nippon Steel tried and failed to buy another American metal company.
www.nytimes.com [...]
Biden, Competing With Trump to Be Tough on China, Calls for Steel Tariffs
Speaking to the United Steelworkers union in Pittsburgh, the president urged major increases to some tariffs on steel and aluminum products from China [...]
Biden to Call for Tripling Tariffs on Chinese Steel Products
In a speech to union steelworkers in Pittsburgh, the president will announce several new measures meant to raise new barriers against floods of Chines [...]
Thyssenkrupp To Reduce Steel Capacity, Jobs; Stock Up
Shares of thyssenKrupp AG were gaining around 2 percent in the early morning trading on Germany’s XETRA after the industrial engineering and steel com [...]
Biden Faces More Pressure From Environmentalists to Block Steel Merger
Climate change joins national security and concern about jobs in a mounting pressure campaign to prevent Nippon Steel from buying U.S. Steel.
www.nyt [...]
Labour sticks to £3bn for steel despite green U-turn
But, criticising the Welsh Labour government, Tory Senedd group leader Andrew RT Davies said: "Labour, who haven't put a penny on the table to prevent [...]
U.S. Steel Acquisition Proposal Tests Biden’s Industrial Policy
The president is under pressure from Democrats and Republicans to block the sale to Japan’s Nippon Steel, which could upset a key foreign ally.
www.n [...]
Labour more ambitious for Tata Steel – Sir Keir Starmer
UK Labour leader says he wants to preserve jobs, amid looming cuts to Port Talbot steelworks.
www.bbc.co.uk [...]
Tata Steel deal is a ‘good news story’ – Kemi Badenoch
The UK government's deal with Tata Steel is a "good news story", the secretary of state for business and trade, Kemi Badenoch, has said.Port Talbot's [...]
Tata Steel: Port Talbot steelworks given £500m by UK government
"At the heart of this failure is the narrow focus on electric arc furnace (EAF) technology, which will not only result in more job losses than necessa [...]