Ukrainian oligarch Rinat Akhmetov's Metinvest Group, the largest steel producer in Ukraine, is suspending the operations of the Pokrovske Coal Company (Pokrovske coal mine and Svyato-Varvarinskaya ...
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Its steelmakers' union said last year that the mine's potential closure could cause steel production to slump to between 2 million and 3 million tons in 2025 from 7.6 million tons in 2024 because of a ...
Metinvest has halted operations at its mine ... the loss of control over the coal mine in the area of Pokrovsk would lead to the fact that Ukrainian steel producers would be forced to import coking ...
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Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...
Metinvest’s Chief Operating Officer and head of steel production for Ukraine’s military needs. “Our experienced engineers also handled the armor’s assembly.” “The shield consists of nearly 200 armored ...
Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt. By River Akira Davis Reporting from Tokyo As signs emerged that President Biden was gearing up ...
The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...
Copyright 2025 The Associated Press. All Rights Reserved. President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...
President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...