The future of Britain's last major steelmaking plant is uncertain. The British Steel plant in Scunthorpe had been on course to close down by May, but urgent government intervention will keep it ...

President Trump ordered on Monday a new review of a proposed U.S. Steel acquisition by Japanese corporation Nippon Steel. In a memo to multiple government figures including department heads ...

Nippon Steel Corp. shares slumped Friday on a report that the company is considering investing as much as $7 billion to upgrade United States Steel Corp. facilities if it wins approval for its ...

Britain’s parliament is only recalled at times of national crisis. But when lawmakers were brought back from their Easter vacation last weekend, the cause was not a ...

U.S. steel prices have surged significantly this year, with benchmark hot-rolled coil (HRC) prices rallying more than 25%. This spike is largely attributed to the Trump administration's imposition ...

Semafor reported that Nippon Steel and U.S. Steel are in talks with the Trump administration for the Japanese company to raise its $2.7 billion planned investment in the US firm's facilities.

Britain's second-biggest steel producer is kicking off a consultation that could lead to the closure of its two blast furnaces and more than half of its workforce losing their jobs - a move that ...

The UK government took effective control Saturday of Britain’s last remaining factory that makes steel from scratch from its Chinese owners, after lawmakers approved an emergency rescue.

Shares of U.S. Steel are hitting a 52-week high after President Donald Trump ordered a new national security review of Nippon Steel's proposed bid to buy U.S. Steel for nearly $15 billion.

DONALDSONVILLE, La. (WVUE) - A $5.8 billion investment by Hyundai Steel Company is coming to Louisiana. On Thursday, Governor Jeff Landry joined President Donald Trump at the White House to ...

Trump's steel tariffs will hit sectors like wind and power transmission with higher costs and longer lead times while policy uncertainty will impact long-term investment plans, industry analysts warn.

South Korea’s Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a steel plant in the U.S. state of Louisiana with an annual capacity of 2.7 million tonnes ...