If the deal passed, Nippon Steel plans to invest about $300 million into the local Gary Works facility, which would’ve been invested into the blast furnace. Gary Mayor Eddie Melton in a Dec.

Nippon Steel already has a joint venture there, Arcelormittal Nippon Steel India Ltd., and has plans to expand capacity at a plant in western India. “There could be some big steel companies ...

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richard a. brooks/Agence France-Presse/Getty Images Nippon Steel’s plan to acquire U.S. Steel has been referred to President Biden after a government panel reviewing the plan failed to reach a ...

TOKYO (Reuters) -Japan's Nippon Steel is seeing support for its proposal to acquire U.S. Steel in the regions of the United States where steel mills are located, Nippon Steel's President Tadashi ...

What’s more, per capita crude steel consumption is also gaining momentum — from 59 kg in 2014 to 119 kg in 2023. To tap into the rising demand, AM/NS bought an additional 700 hectares of land from ...

New Delhi: With a significant rise of steel imports from China, India is mulling a multi-pronged approach to cut imports and augment the steel capacity across the sector to improve exports as well.

Gerdau S/A Ord-2.42% R$36.61B ...

The finance ministry has rejected a proposal by the steel ministry to establish a central organisation for the bulk procurement of green steel. It cited that most steel procured for government ...