Tag #Steel Industry

Showing 97 to 108 of 155 results

zeit.de
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Salzgitter Doubles Cost Cuts Amidst €348 Million Loss

German steelmaker Salzgitter is doubling its annual cost-cutting target to €500 million by 2028 to offset a €348 million loss in 2023, while continuing its green steel production and exploring opportunities in defense and infrastructure.

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44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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US Tariffs Delay Steel Shipment, UK Seeks Negotiation

Storms delayed two shipments of Marcegaglia steel, causing them to arrive after the US imposed a 25% tariff on steel and aluminum, forcing the company to choose between absorbing the costs or seeking leniency from the US government; the UK is negotiating with the US instead of retaliating like the E...

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44% Bias Score

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edition.cnn.com
🌐 85% Global Worthiness
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Nippon Steel Revives US Steel Bid Despite Trump's Opposition

Nippon Steel plans to revive its $14 billion bid to acquire US Steel, facing opposition from President Trump who prefers only an investment, not a controlling stake, along with union concerns and competing bids from Cleveland-Cliffs and activist investor Ancora Alternatives.

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52% Bias Score

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theglobeandmail.com
🌐 75% Global Worthiness
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US Tariffs, Healthcare, and Infrastructure Dominate Northern Ontario Election

The upcoming Ontario election is heavily influenced by anxiety over U.S. tariffs on steel and aluminum, impacting northern cities like Sault Ste. Marie and Thunder Bay, where health care and infrastructure are also key election issues.

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36% Bias Score

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smh.com.au
🌐 85% Global Worthiness
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Australia Pledges $2.4 Billion Whyalla Steel Mill Bailout

The Australian government pledged a $2.4 billion bailout for the failing Whyalla steel mill, owned by Sanjeev Gupta's GFG Alliance, to secure 1100 jobs and transition the plant to green steel production, amidst political debate on renewable energy policies.

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60% Bias Score

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smh.com.au
🌐 75% Global Worthiness
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Australia's \$2.4 Billion Bailout of Whyalla Steelworks and Rex Raises Concerns

The Australian government pledged \$2.4 billion to rescue the financially troubled Whyalla steelworks and Rex airline before the election, prompting concerns about preferential treatment for politically connected, poorly managed businesses, despite the questionable corporate governance of both.

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56% Bias Score

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dailymail.co.uk
🌐 85% Global Worthiness
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US Tariffs Trigger Divergent Responses: UK's Conciliatory Approach Risks Steel Industry

President Trump's 25% tariff on Canadian steel and aluminum imports sparked retaliatory measures from Canada and the EU, while the UK adopted a conciliatory approach, hoping for future trade benefits despite the immediate negative impact on its steel industry, which exported 180,000 tons of steel wo...

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56% Bias Score

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africa.chinadaily.com.cn
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Bolivia's New Steel Plant: A $546 Million Boost from China

Bolivia inaugurated a $546 million steel plant in Puerto Suarez on February 24, financed largely by China, projected to meet half of the country's steel demand, create 1,000 jobs, and boost exports, particularly to Brazil, overcoming a decade-long delay.

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48% Bias Score

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us.cnn.com
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Nippon Steel Resumes US Steel Acquisition Bid Despite Trump Opposition

Nippon Steel plans to pursue its $14 billion acquisition of US Steel despite President Trump's opposition and various legal and political challenges, while facing competition from Cleveland-Cliffs and an activist investor seeking to replace US Steel's management.

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44% Bias Score

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dailymail.co.uk
🌐 85% Global Worthiness
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Australia to Bail Out Whyalla Steelworks with \$2 Billion Package

The Australian government is launching a joint support package, potentially up to \$2 billion, to rescue the Whyalla steelworks after its owner, GFG Alliance, was put into administration due to massive debt. The move is aimed at safeguarding thousands of jobs and ensuring Australia's steel independe...

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60% Bias Score

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smh.com.au
🌐 85% Global Worthiness
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\$2.4 Billion Bailout for Failing Whyalla Steelworks

Faced with \$300 million debt, the Whyalla steelworks in South Australia will receive a \$2.4 billion government bailout to secure over 1000 jobs, improve infrastructure and transition to green steel production, following the previous owner's failure to meet investment promises and financial mismana...

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60% Bias Score

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dw.com
🌐 85% Global Worthiness
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High Energy Costs Cripple German Manufacturing"

High electricity prices in Germany, exacerbated by the war in Ukraine, are forcing companies like Lössnitz Foundry, Feralpi, and Georgsmarienhütte to cut production, threatening thousands of jobs and Germany's industrial competitiveness; the upcoming elections may shift energy policy.

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48% Bias Score

Affordable and Clean Energy

Showing 97 to 108 of 155 results