Business
Nippon Steel’s US$14.9 billion acquisition of US Steel closes, with big role for Trump
Nippon Steel’s US$14.9 billion acquisition of US Steel closed on Wednesday (Jun 18), the companies said, confirming an unusual degree of…
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Steels
Business
Tata Steel’s second-quarter profit beats on higher sales volumes, lower costs
TATA Steel reported a second-quarter profit on Wednesday (Nov 6) that beat analysts’ estimates as lower costs and higher sales volumes in…
Business
US Steel says arbitration board in favor of Nippon Steel's $14.9 bn buyout
Nippon Steel had paid a hefty premium to clinch the deal for US Steel on a bet that it could benefit from US President Joe Biden's…