Sweden's SSAB posted fourth-quarter operating profit well above analysts' estimates on Wednesday, helped by resilient demand ...

US-based packaging solutions provider Harpak-ULMA has unveiled the FM400 horizontal flow packaging machine for high-speed ...

While steel prices sank in 2024 and led to the shares dropping by more than 48% in 2024, Cleveland-Cliffs Inc. (NYSE:CLF) has also been in the news because of Nippon Steel’s bid to acquire US Steel.

Management has had to contend with significantly lower average selling prices. In the third quarter of 2024, for instance, mini mill steel products averaged $800 per ton. This is down from $901 ...

Learning how to clean stainless-steel appliances is crucial for anyone who has them. “Stainless steel is like that sleek black car: beautiful when it’s clean and shiny, but often looks dull ...

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

Biden's opposition to the deal had been well-flagged and U.S. Steel shares had been trading far below the offer price as a result. Nevertheless, Japan's largest business lobby said the decision ...

Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt. By River Akira Davis Reporting from Tokyo As signs emerged that President Biden was gearing up ...

Copyright 2025 The Associated Press. All Rights Reserved. President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...

Copyright 2025 The Associated Press. All Rights Reserved. Industrialist and steel magnate Andrew Carnegie is seen in this undated photo. (AP Photo, File) This is a ...