Showing 1 to 7 of 7 results
Merz Seeks US Steel Deal Amid Trump Tariff Increase
German Chancellor Friedrich Merz travels to the US seeking a bilateral steel agreement amid Donald Trump's doubled steel tariffs, impacting German steel exports (around 20% of non-EU exports) and causing industry uncertainty due to global overcapacity and the need for green transformation.
Merz Seeks US Steel Deal Amid Trump Tariff Increase
German Chancellor Friedrich Merz travels to the US seeking a bilateral steel agreement amid Donald Trump's doubled steel tariffs, impacting German steel exports (around 20% of non-EU exports) and causing industry uncertainty due to global overcapacity and the need for green transformation.
Progress
40% Bias Score
Nippon Steel Forecasts 43% Profit Drop Amidst Global Steel Market Weakness and US Tariffs
Nippon Steel projects a 43 percent drop in net profit to \$1.4 billion for fiscal year 2026 due to weak global steel markets, new U.S. tariffs, and awaits a June 5th decision on its acquisition bid for U.S. Steel, which is currently under political review.
Nippon Steel Forecasts 43% Profit Drop Amidst Global Steel Market Weakness and US Tariffs
Nippon Steel projects a 43 percent drop in net profit to \$1.4 billion for fiscal year 2026 due to weak global steel markets, new U.S. tariffs, and awaits a June 5th decision on its acquisition bid for U.S. Steel, which is currently under political review.
Progress
48% Bias Score
UK Government Takes Control of British Steel Plant
The UK government took control of British Steel's Scunthorpe plant on Saturday, averting its closure by Chinese owner Jingye Group, preserving 3,000 jobs and the UK's primary steelmaking capacity amidst \£700,000 daily losses and market challenges.
UK Government Takes Control of British Steel Plant
The UK government took control of British Steel's Scunthorpe plant on Saturday, averting its closure by Chinese owner Jingye Group, preserving 3,000 jobs and the UK's primary steelmaking capacity amidst \£700,000 daily losses and market challenges.
Progress
48% Bias Score
US Tariffs: Boon and Bane for BlueScope
BlueScope, Australia's largest steelmaker, expects US steel tariffs to increase its North American profits but warns of potential Chinese steel dumping in Australia, prompting calls for stronger anti-dumping measures; its stock price jumped 13 percent.
US Tariffs: Boon and Bane for BlueScope
BlueScope, Australia's largest steelmaker, expects US steel tariffs to increase its North American profits but warns of potential Chinese steel dumping in Australia, prompting calls for stronger anti-dumping measures; its stock price jumped 13 percent.
Progress
56% Bias Score
US Steel Tariffs Threaten Algoma Steel's Viability
Algoma Steel CEO Michael Garcia warns that President Trump's 50% tariff on Canadian steel imports could cripple its US operations, adding to existing challenges from foreign steel flooding the Canadian market due to US tariffs, impacting 2750 workers in Sault Ste. Marie, Ontario.
US Steel Tariffs Threaten Algoma Steel's Viability
Algoma Steel CEO Michael Garcia warns that President Trump's 50% tariff on Canadian steel imports could cripple its US operations, adding to existing challenges from foreign steel flooding the Canadian market due to US tariffs, impacting 2750 workers in Sault Ste. Marie, Ontario.
Progress
36% Bias Score
UK Government Takes Control of British Steel Plant
The UK government took control of British Steel's Scunthorpe plant on Saturday, averting its closure by Chinese owner Jingye Group, preserving 3,000 jobs and the UK's primary steelmaking capacity after Parliament passed an emergency bill.
UK Government Takes Control of British Steel Plant
The UK government took control of British Steel's Scunthorpe plant on Saturday, averting its closure by Chinese owner Jingye Group, preserving 3,000 jobs and the UK's primary steelmaking capacity after Parliament passed an emergency bill.
Progress
48% Bias Score
UK Government Takes Emergency Control of British Steel
The UK government took emergency control of British Steel's Scunthorpe plant on Saturday, averting its closure and preserving 3,500 jobs after negotiations with the Chinese owner, Jingye Group, failed. The plant is the UK's last maker of virgin steel.
UK Government Takes Emergency Control of British Steel
The UK government took emergency control of British Steel's Scunthorpe plant on Saturday, averting its closure and preserving 3,500 jobs after negotiations with the Chinese owner, Jingye Group, failed. The plant is the UK's last maker of virgin steel.
Progress
52% Bias Score
Showing 1 to 7 of 7 results