#steel-industry

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Losses linger for crisis-hit Thyssenkrupp as steel sector suffers

Thyssenkrupp faces ongoing financial difficulties, reporting a loss of 1.5 billion euros while undergoing restructuring efforts.

Sandeep Nijhawan

Electra aims to decarbonize iron and steelmaking using renewable energy, significantly reducing emissions and production costs.

Trump's first year as President looked like a home run for business. Then things got complicated

Initial surges in steel stocks post-Trump's election do not guarantee long-term success, as past performance has shown significant volatility.
#unions

Yes, Bidenomics is working here in Pennsylvania. But it might not be enough to win the White House | JoJo Burgess

The economy profoundly impacts people's lives and is a crucial concern for Pennsylvania voters in the upcoming election.

Tata Steel confirms 2,800 job losses at Port Talbot site

Tata Steel is cutting thousands of jobs at its plant in Port Talbot, south Wales, after closing its blast furnaces at the site.
Tata Steel rejected a plan by GMB and Community unions to keep the furnaces open while transitioning to greener production.

Yes, Bidenomics is working here in Pennsylvania. But it might not be enough to win the White House | JoJo Burgess

The economy profoundly impacts people's lives and is a crucial concern for Pennsylvania voters in the upcoming election.

Tata Steel confirms 2,800 job losses at Port Talbot site

Tata Steel is cutting thousands of jobs at its plant in Port Talbot, south Wales, after closing its blast furnaces at the site.
Tata Steel rejected a plan by GMB and Community unions to keep the furnaces open while transitioning to greener production.
moreunions
#job-creation

J. D. Vance and the Success Stories of Bidenomics

Strong job growth signals economic recovery under President Biden.
Local economies show mixed results despite national job creation figures.

If Trump and Vance win the election, this is what's at stake

The future of the Middletown steel plant relies on $500m funding from climate legislation opposed by local political figures.

J. D. Vance and the Success Stories of Bidenomics

Strong job growth signals economic recovery under President Biden.
Local economies show mixed results despite national job creation figures.

If Trump and Vance win the election, this is what's at stake

The future of the Middletown steel plant relies on $500m funding from climate legislation opposed by local political figures.
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#sustainability

H2 Green Steel changes name to Stegra - Silicon Canals

Stegra aims to decarbonize steel production using green hydrogen, reflecting ambitious long-term goals with a recent rebranding from H2 Green Steel.

Marcegaglia Stainless Sheffield to invest 50M in new electric arc furnace, creating 50 jobs

Marcegaglia Stainless Sheffield will invest £50 million in a new Electric Arc Furnace, enhancing productivity and creating jobs by mid-2026.

H2 Green Steel changes name to Stegra - Silicon Canals

Stegra aims to decarbonize steel production using green hydrogen, reflecting ambitious long-term goals with a recent rebranding from H2 Green Steel.

Marcegaglia Stainless Sheffield to invest 50M in new electric arc furnace, creating 50 jobs

Marcegaglia Stainless Sheffield will invest £50 million in a new Electric Arc Furnace, enhancing productivity and creating jobs by mid-2026.
moresustainability
#us-steel

Agreeing with Vance, Biden Likely to Block Takeover of U.S. Steel

Biden is expected to block Nippon Steel's acquisition of U.S. Steel due to political pressures and national security concerns.

U.S. Steel stock jumps as Joe Biden reportedly may delay takeover decision to after election

Biden may delay decision on blocking Nippon Steel's takeover of US Steel until after the presidential election.

US Steel Could Collapse

The Biden administration is preparing to block the $14 billion buyout of U.S. Steel by Nippon Steel, jeopardizing its financial stability.

Kamala Harris will say US Steel should not be sold to Japan

Harris asserts US Steel should remain domestically owned, opposing Nippon Steel's acquisition and emphasizing support for American steelworkers.

The fight over US Steel is intensifying, and a top competitor now wants in

Cleveland-Cliffs offers to buy US Steel's mills amid potential blocking of US Steel's sale to Nippon Steel.

US Steel (NYSE: X) Is in Trouble

U.S. Steel is in financial trouble, with Nippon Steel as a potential buyer facing U.S. government barriers.

Agreeing with Vance, Biden Likely to Block Takeover of U.S. Steel

Biden is expected to block Nippon Steel's acquisition of U.S. Steel due to political pressures and national security concerns.

U.S. Steel stock jumps as Joe Biden reportedly may delay takeover decision to after election

Biden may delay decision on blocking Nippon Steel's takeover of US Steel until after the presidential election.

US Steel Could Collapse

The Biden administration is preparing to block the $14 billion buyout of U.S. Steel by Nippon Steel, jeopardizing its financial stability.

Kamala Harris will say US Steel should not be sold to Japan

Harris asserts US Steel should remain domestically owned, opposing Nippon Steel's acquisition and emphasizing support for American steelworkers.

The fight over US Steel is intensifying, and a top competitor now wants in

Cleveland-Cliffs offers to buy US Steel's mills amid potential blocking of US Steel's sale to Nippon Steel.

US Steel (NYSE: X) Is in Trouble

U.S. Steel is in financial trouble, with Nippon Steel as a potential buyer facing U.S. government barriers.
moreus-steel
#job-losses

US inflation cools to 2.5%, its lowest since February 2021 business live

The current government has made more progress in the steel industry in two months than the last government did in years, but acknowledges the deal isn't ideal.

2,500 steelworkers to be laid off before Christmas as British Steel closes furnaces

British Steel's early closure of blast furnaces may result in 2,500 job losses, impacting the local community severely.

Greener Steel at Britain's Largest Plant Comes With Heavy Job Losses

The British government and Tata are investing in greener steel production but will result in significant job losses.

Port Talbot: Labour's deal for steel workers explained as 2,500 job losses announced

Over 2,500 jobs are being lost in Port Talbot as Tata Steel implements a new plan with government support, prompting concerns about worker protection.

Port Talbot steelworks: blast furnaces to close, costing up to 2,800 jobs

The Port Talbot steelworks in Wales will shut down its blast furnaces, resulting in the loss of up to 2,800 jobs and significant impact on the community.
Tata Steel, the parent company, deemed the trade union's proposals to continue production at the plant unfeasible and unaffordable during the transition to greener steelmaking operations.

US inflation cools to 2.5%, its lowest since February 2021 business live

The current government has made more progress in the steel industry in two months than the last government did in years, but acknowledges the deal isn't ideal.

2,500 steelworkers to be laid off before Christmas as British Steel closes furnaces

British Steel's early closure of blast furnaces may result in 2,500 job losses, impacting the local community severely.

Greener Steel at Britain's Largest Plant Comes With Heavy Job Losses

The British government and Tata are investing in greener steel production but will result in significant job losses.

Port Talbot: Labour's deal for steel workers explained as 2,500 job losses announced

Over 2,500 jobs are being lost in Port Talbot as Tata Steel implements a new plan with government support, prompting concerns about worker protection.

Port Talbot steelworks: blast furnaces to close, costing up to 2,800 jobs

The Port Talbot steelworks in Wales will shut down its blast furnaces, resulting in the loss of up to 2,800 jobs and significant impact on the community.
Tata Steel, the parent company, deemed the trade union's proposals to continue production at the plant unfeasible and unaffordable during the transition to greener steelmaking operations.
morejob-losses

Port Talbot job losses: what's next for British steel production?

The decline in the UK's steel industry signifies the loss of primary steel-making, impacting the economy and its reliance on imports.
#job-loss

Steelworkers face losing jobs by Christmas - MP

Steelworkers in Lincolnshire face anxiety over potential job losses due to planned furnace closures by Christmas as part of a decarbonisation initiative.

Labour finalising 500m rescue for Tata Steel's Port Talbot plant

The UK government is finalizing a £500 million rescue package to support Tata Steel's shift to greener production methods.

Steelworkers face losing jobs by Christmas - MP

Steelworkers in Lincolnshire face anxiety over potential job losses due to planned furnace closures by Christmas as part of a decarbonisation initiative.

Labour finalising 500m rescue for Tata Steel's Port Talbot plant

The UK government is finalizing a £500 million rescue package to support Tata Steel's shift to greener production methods.
morejob-loss

No false hopes on Tata jobs, says Starmer

Sir Keir Starmer acknowledges the difficult situation for Port Talbot steel workers but insists on the need for honesty and ongoing efforts to preserve jobs.

Biden admin unveils new sanctions on Iran for "unprecedented" attack on Israel

The Biden administration imposed new sanctions on Iran's drone, steel, and auto industries to punish Iran for attacks against Israel without military escalation.
#trade-policy

Biden may triple tariffs on Chinese steel and aluminum

Biden considers tripling tariffs on Chinese steel and aluminum to protect American industries and show toughness on China.

Biden angling to triple tariffs on Chinese steel

President Biden plans to triple tariffs on Chinese steel and aluminum to protect American producers, emphasizing the intersection of trade policy and reelection strategy.

Biden may triple tariffs on Chinese steel and aluminum

Biden considers tripling tariffs on Chinese steel and aluminum to protect American industries and show toughness on China.

Biden angling to triple tariffs on Chinese steel

President Biden plans to triple tariffs on Chinese steel and aluminum to protect American producers, emphasizing the intersection of trade policy and reelection strategy.
moretrade-policy

Steelers Lose Kelce 'Team Name' Contest To Vikings

The New Heights podcast's 'Best NFL Team Name Bracket Finals' declared the Minnesota Vikings as having the better team name over the Pittsburgh Steelers.
The Steelers' name has a rich history and is synonymous with Pittsburgh's identity and the city's steel industry.

Betsy Brown Finds Enchantment in Alabama's Magic City

Birmingham's historical steel industry inspires a home's design aesthetic with elements reminiscent of Sloss Furnace, blending vintage furniture and art collections harmoniously.

Hamilton steelmaker Stelco sold to Cleveland-Cliffs for $3.4B | CBC News

Stelco Holdings Inc. is being acquired by Cleveland-Cliffs Inc. for $3.4 billion.
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