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President Donald Trump has signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as ...
The steelmaker's plans include one new electric arc furnace, the restart of another and capacity expansion at a third mill.
Nippon Steel Corp (NPSCY) (NISTF), the Japanese firm locked in a prolonged battle to acquire U.S. Steel (X), announced plans on Friday to invest 869 billion yen ($6 billion) domestically to boost ...
Global efforts to decarbonize the steel industry are accelerating through green hydrogen, biocarbon, and electrification, ...
Dividend investors considering the cyclical steel industry while it is dealing with industry softness will want to consider what these two offer.
The investments in electric arc furnaces — which ... three of the steelmakers’ mills, and as much as 29% of the funding will come from the government, Nippon Steel said in a statement.
STOCKHOLM--Swedish steelmaker SSAB plans to purchase automotive steel scrap from Volvo Car's Olofstrom production plant in Sweden to be recycled and used to produce decarbonized steel. SSAB said ...
Nippon Steel plans to invest $6 billion to increase production of steel using electric arc furnaces in a bid to reduce carbon emissions. The Japanese steelmaker said Friday that it would invest ...
including building a new electric arc furnace steel mill somewhere in the U.S. Pennsylvania’s other senator, Democrat John Fetterman — who lives across the street from U.S. Steel blast furnace ...