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DAVID BURRITT
Activist Ancora to push US Steel to drop Nippon merger and oust CEO, WSJ reportsActivist investor Ancora Holdings plans a proxy battle at U.S. Steel, urging the company to abandon its merger with Japan's Nippon Steel. A...
27 Jan, 2025, 07.39 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
TV Narendran elected as worldsteel Chairman; second Indian to head global bodyThachat Viswanath Narendran, MD and CEO of Tata Steel, has been elected as the chairman of the World Steel Association. He is the second In...
15 Oct, 2024, 05.43 PM IST
Joe Biden close to blocking Nippon Steel deal to buy U.S. Steel, sources sayThe White House is set to block Nippon Steel's $14.9 billion acquisition of U.S. Steel due to national security concerns, potentially impac...
05 Sep, 2024, 07.41 AM IST
How a rare $14 billion Japanese takeover deal got caught in US politicsTakahiro Mori of Nippon Steel Corp. traveled to Pittsburgh for a $14 billion steel merger with US Steel. Despite promises of investment and...
10 Apr, 2024, 10.22 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
World Steel Association elects Leon Topalian as Chairman, India's T V Narendran as Vice ChairmanLeon Topalian, President & CEO of Nucor Corporation, has been elected as Chairman of worldsteel, with T V Narendran, MD & CEO of Tata Steel...
16 Oct, 2023, 02.12 PM IST
What recession? Some economists see chances of a growth reboundThe Fed has lifted rates from near-zero early last year to above 4.5% as of last week — the fastest series of policy adjustment in decades.
13 Feb, 2023, 09.53 AM IST
Record prices inject life into steel industry; India set to boost capacityOther nations could fill the gap created by China’s restrictive measures. India is set to boost capacity, with top producer JSW Group sayin...
18 Jul, 2021, 08.45 PM IST