Stock Market Surges: Dow, S&P 500, Nasdaq rally as President Donald Trump’s tariff shock boosts steel giants—But will it trigger inflation & delay Fed cuts?Stock Market Surges as the Dow, S&P 500, and Nasdaq rebounded on Monday, fueled by Trump’s new tariffs on steel and aluminum imports. The a...
13 Feb, 2025, 12.56 PM IST
U.S. Steel, Nippon sue Biden administration over decision to block mergerPresident Joe Biden blocked Nippon Steel's $14.9 billion bid for U.S. Steel citing national security concerns. This led the involved compan...
06 Jan, 2025, 08.05 PM IST
Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allegeNippon Steel's $14.9 billion bid for U.S. Steel faces opposition from Biden amid national security concerns and skepticism from Cleveland-C...
06 Jan, 2025, 06.20 AM IST
What's next after Biden blocked the $15 bln Nippon Steel/US Steel deal?President Joe Biden blocked Nippon Steel’s $14.9 billion acquisition of U.S. Steel citing national security concerns, impacting the compani...
04 Jan, 2025, 07.52 AM IST
Nippon Steel shares slide more than 5% on US Steel acquisitionThe acquisition of U.S. Steel, which prevailed in an auction for the steel giant over rivals including Cleveland-Cliffs, will help Nippon S...
19 Dec, 2023, 08.21 AM IST
US Steel to be acquired for more than $14 billion by Nippon SteelNippon Steel is acquiring U.S. Steel, the historic Pittsburgh steel producer, in an all-cash deal valued at around $14.1 billion, totaling ...
19 Dec, 2023, 12.29 AM IST
Deja vu for Lakshmi Mittal? Bidding war, national interest and a hostile unionArcelorMittal, the world's second-largest steelmaker, is said to be considering a bid for US Steel Corp, an American icon founded in 1901 a...
18 Aug, 2023, 05.24 PM IST
ArcelorMittal weighs possible bid for US SteelArcelorMittal is said to be considering a bid on US Steel, marking a reversal of its retreat from the US market as it looked to focus on ma...
18 Aug, 2023, 09.06 AM IST
Amid recession worries, steelmakers see some signs of recoveryPrices are likely to trade between $650 to $850 per ton by the end of the year from $792 Wednesday, according to steel executives, service ...
25 Aug, 2022, 09.21 AM IST
JSW Steel sues top US competitors for metal ‘conspiracy’U.S. Steel Corp., Nucor Corp. and Cleveland-Cliffs Inc. control more than 80% of domestic steelmaking capacity and conspired to cause direc...
09 Jun, 2021, 12.24 PM IST
European stocks jump after China data, banking reboundCommerzbank rose 4.3% after it named a top manager at rival Deutsche Bank Manfred Knof to lead the bank, which has been in turmoil followin...
28 Sep, 2020, 02.27 PM IST
Upbeat buyers sustain US as companies hesitateFor consumers, rising home prices, an improving job market and healthier finances make it more likely that the household demand will sustai...
12 Nov, 2012, 11.54 AM IST
- ArcelorMittal sells stake in Canadian mine
ArcelorMittal, the world’s largest steel maker, said it is selling a minority stake in a Canadian iron ore mine after failing to take it ov...
13 Oct, 2009, 12.00 AM IST
- ArcelorMittal may bid for US coal mine Alpha Natural
Global steel leader ArcelorMittal may counter iron ore miner Cleveland Cliffs' $8.8 billion offer to acquire US-based coal mining firm Alph...
01 Aug, 2008, 05.27 PM IST
- ArcelorMittal mulling Alpha Natural counter bid
ArcelorMittal, the world's top steel maker, is mulling breaking up a takeover bid from Cleveland-Cliffs Inc for U.S. coal miner Alpha Natur...
01 Aug, 2008, 08.44 AM IST
- US investors strike gold as China's coal sector booms
As China’s appetite for coal is booming, American investors and businesses are cashing in. American pension and mutual fund money is being ...
29 Oct, 2007, 02.01 AM IST
- ArcelorMittal buys out Canada's Wabush iron ore mine
ArcelorMittal, the world's largest steel maker said it would exercise its right to buy out the other owners of Canada's Wabush Mines, jilti...
05 Sep, 2007, 04.56 PM IST