JOHANNESBURG: ArcelorMittal South Africa Limited (AMSA), the local subsidiary of Indian-born British steel magnate Lakshmi Mittal, will cease operations at its long steel plants in the country, ...

By Nantoo Banerjee Unbelievable but true. The government of the United States of America, supposedly the vanguard of modern ...

By Nantoo Banerjee Unbelievable but true. The government of the United States of America, supposedly the vanguard of modern ...

Nippon Steel said on Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company. The ...

However, in its review of Nippon Steel’s proposed acquisition of U.S. Steel, it has failed to come to consensus. CFIUS’s failure puts steelworkers, their families and the local economies they ...

Nippon Steel (NPSCY) issued the following statement regarding the timely disclosure titled “Acquisition of United States Steel Corporation” dated as of December 18, 2023, “Nippon Steel ...

A US government panel could not reach consensus on whether US Steel's acquisition by Japan's Nippon Steel threatened Washington's national security, with the White House now likely to block the ...

WASHINGTON – Nippon Steel’s $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has ...

WASHINGTON: Nippon Steel's US$15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has ...

ArcelorMittal is also involved in the production of coal, mining, steel scrap, and the manufacture of industrial and automotive components. One of the company’s major subsidiaries is Nippon ...

Nippon Steel (OTCPK:NPSCY) alleged that the Biden administration had "impermissible undue influence" over a national security review of its more than $14 billion planned acquisition of US Steel ...