US slaps ‘symbolic’ tariffs on China steel, aluminum
The United States has imposed tariffs on steel and aluminum products originating from China via Mexico, closing a loophole that had allowed Chinese metal suppliers to evade US tariffs since 2018.
Steel asian news
Beijing rips Canada’s 100% tariffs on China-made EVs
Beijing has vowed to take all necessary measures to protect the interests of Chinese companies after Canada announced its plan to impose tariffs on electric vehicles (EVs) and steel and aluminum products produced in China.
US complains China hurts shipbuilding, steel firms
The Biden administration has unveiled a series of new measures to try to protect the United States’ shipbuilding and steel industries from being eroded by Chinese overcapacity and non-market investments.
Unions, politicians getting Nippon-US Steel deal all wrong
Nippon Steel’s decision to buy US Steel, the iconic American company, is a test for Joe Biden. The president has embraced an economic security agenda designed to protect the interests of America’s middle classes while promoting partnership and closer collaboration with allies.
Trump, Biden and the $565m risk hanging over Nippon Steel's U.S. Steel deal
TOKYO -- Investors who took Nippon Steel's $14 billion-plus bid for U.S. Steel as a buy sign are now seeing another kind of signal: the blinking yellow light of political risk.
Nippon Steel unsurprised by U.S. Steel deal pushback
TOKYO -- Nippon Steel said on Wednesday that pushback in America against its plan to acquire U.S. Steel was "within expectations," citing the wave of opposition expressed by former U.S. President Donald Trump and others.
Nippon Steel sends delegation to Washington to gauge U.S. Steel deal
WASHINGTON -- Nippon Steel sent a delegation to Washington last week to meet with lawmakers and think tank analysts for discussions over the U.S. Steel acquisition, sources told Nikkei Asia.
Tata Steel to close UK blast furnaces with loss of up to 2,800 jobs
Tata Steel said on Friday it will close its two blast furnaces in Britain by the end of this year, resulting in up to 2,800 workers potentially losing their jobs at its steelworks plant in Wales.
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