Tag #Steel Industry

Showing 13 to 24 of 155 results

africa.chinadaily.com.cn
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AI Boosts Chinese Steel Production Efficiency by 20 Percent

Shougang Group's AI-powered visual system increased steel production efficiency by over 20 percent and reduced defects by 35 percent, highlighting China's smart manufacturing advancements and its nearly 10,000 digitalized workshops and intelligent factories.

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44% Bias Score

Industry, Innovation, and Infrastructure
nbcnews.com
🌐 85% Global Worthiness
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Arkansas Steel Boom Exacerbates Inequality Despite Job Creation

In Mississippi County, Arkansas, a steel boom has created high-paying jobs but also exacerbated existing inequalities, with a quarter of residents living in poverty despite billions of dollars invested in new mills, due in part to many steelworkers commuting from outside the county.

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56% Bias Score

Decent Work and Economic Growth
nbcnews.com
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Arkansas Steel Boom: Economic Divide Amidst High-Paying Jobs

Despite a booming steel industry bringing billions of dollars and six-figure jobs to Osceola, Arkansas, many residents struggle with poverty and lack of affordable housing, creating a stark economic divide, even as initiatives aim to attract long-term employees.

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48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Government Considers Taking Control of Speciality Steel UK

The UK government is considering taking control of Speciality Steel UK (SSUK), employing 1,450 people, to prevent its closure after its parent company faces an insolvency hearing on Wednesday, driven by the strategic importance of its specialized steel production and potential job losses.

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44% Bias Score

Decent Work and Economic Growth
theguardian.com
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UK-US Trade Deal: Car Exports Soar, but Farmers Bear the Brunt

A UK-US trade deal reduces car import tariffs to 10% from 27.5%, impacting car manufacturers positively, but British farmers criticize their use as leverage to secure deals for other sectors, as beef and steel exports face continued challenges.

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64% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 75% Global Worthiness
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UK Unveils Trade Strategy to Protect Industries and Boost Exports

The UK government announced a new trade strategy to improve business conditions, increase exports, and protect vital industries like steel and chemicals from unfair competition, spurred by global trade tensions and high energy costs.

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40% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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AI Boosts Chinese Steel Production Efficiency by 20%

Shougang Group's AI-powered visual system increased steel production efficiency by over 20 percent and reduced defects by 35 percent, a success story showcased at the 2025 Global Digital Economy Conference, illustrating China's broader smart manufacturing push.

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
sueddeutsche.de
🌐 85% Global Worthiness
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Thyssenkrupp Steel Agrees to Restructuring Plan with Significant Employee Concessions

Germany's largest steelmaker, Thyssenkrupp Steel Europe, and the IG Metall union agreed to a restructuring plan involving an eight percent average pay cut for 26,300 employees, 5,300 job cuts by 2028, plant closures, and reduced production capacity to address economic difficulties, high energy costs...

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44% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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Thyssenkrupp Steel Agrees to Restructuring Plan with Significant Employee Pay Cuts and Job Losses

Germany's largest steel producer, Thyssenkrupp Steel Europe, is undergoing a major restructuring involving an 8% pay cut for 26,300 employees, the elimination of holiday bonuses and other payments, 5300 job cuts, and a reduction in production capacity to address economic challenges and competition.

Progress

48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Thyssenkrupp Faces Union Backlash Over Proposed Steel Division Cuts

Thyssenkrupp's management proposed eliminating holiday and Christmas bonuses, implementing a pay freeze, and reducing weekly working hours from 34 to 33 without compensation, prompting strong criticism from IG Metall amid a planned reduction of 11,000 jobs.

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48% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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Celsa Reports €281 Million Net Loss in 2024 Amidst Restructuring

In 2024, Celsa reported a €3.36 billion turnover and a €281 million net loss, despite a 1% growth in steel sales and an 8.2% EBITDA margin. The loss is attributed to financial restructuring following a change in ownership in late 2023, reducing debt by 48% to €1.896 billion, and the company is pursu...

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40% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 85% Global Worthiness
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Nippon Steel Completes US Steel Acquisition with US Government Oversight

Nippon Steel finalized its $15 billion acquisition of US Steel on Wednesday, granting the US government a 'golden share' to ensure national security and protect domestic steel production; the deal creates the world's fourth-largest steelmaker and includes an $11 billion investment to upgrade US Stee...

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 155 results