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Published on 03:14 GMT

Save our Steel: Trump’s tariffs and Chinese overcapacity force governments to act

As it stands, the sector is not ready for the future, said steel transformation expert Boris Jankowiak at the Climate Action Network, a federation of NGOs. “At the moment we have a fossil-based steel industry that is facing several struggles,” he told …

Source: Politico Europe - Neutral
Published on May 1, 2025

UK government has so far set aside £94mn to cover British Steel rescue

Source: The Financial Times - Neutral
Published on 10:13 GMT

Big blow for JSW Steel's Bhushan Power resolution

In a big setback, the Supreme Court on Friday rejected JSW Steel's resolution plan for Bhushan Power and Steel and ordered the liquidation of the steelmaker. The top court said that the resolution plan of JSW was illegal and should not have been …

Source: The Economic Times - Pending
Published on 01:45 GMT

Vice President Vance touts ‘golden age’ of manufacturing in SC steel visit

HUGER — Vice President J.D. Vance told a crowd at the Berkeley County mill for the country’s largest steel producer that America is entering “a golden age” for manufacturing. Vance spoke Thursday at the Nucor mill in rural Huger to celebrate the first 100 …

Source: SC Daily Gazette - South Carolina - Left-wing
Published on 03:32 GMT

U.S. Steel records first quarter net loss

United States Steel Corp. reported a net loss of $116 million for the first quarter of 2025. That compares to first quarter 2024 net earnings of $171 million, according to the Pittsburgh-based steel and iron ore producer. The adjusted net loss was …

Source: Business North - Minnesota - Neutral
Published on 03:24 GMT

'Golden age!': JD Vance praises Nucor Steel as symbol of U.S. manufacturing revival

HUGER, S.C. (WCIV) — Vice President JD Vance spent Thursday afternoon in Berkeley County, touring Nucor Steel’s plant in Huger, to mark the end of the Trump Administration’s first 100 days in office. Vance used Nucor Steel Berkeley as a backdrop to speak …

Source: FOX57 - South Carolina - Center-right
Published on 07:24 GMT

Slovenian Steel Group deep in the red

Slovenian Steel Group (SIJ), the country's largest steel producer, saw its loss balloon by 146% to over €46 million last year, which the company's management blames on geopolitical tensions, high energy costs and the new network fee charging model …

Source: The Slovenia Times - Public Broadcaster
Published on 09:17 GMT

Big blow: SC rejects JSW Steel's Bhushan Power and Steel resolution plan

In a big setback, the Supreme Court on Friday rejected JSW Steel's resolution plan for Bhushan Power and Steel, and further ordered ordered the liquidation of the steelmaker. The top court said that the resolution plan of JSW was illegal and should not …

Source: ETAuto - Indeterminate
Published on 09:22 GMT

Supreme Court scraps JSW Steel’s bid to acquire Bhushan Power: Report

Shares of JSW Steel dropped 5 per cent after the news. The Supreme Court of India has rejected JSW Steel's resolution plan to acquire Bhushan Power and Steel four years after the takeover, and ordered liquidation of the debt-ridden steelmaker, CNBC- …

Source: The Hindu Business Line - Neutral
Published on 03:08 GMT

Vice President JD Vance Touts “Golden Age of Manufacturing” at Nucor Steel

PICTURED Vice President JD Vance speaks to a large crowd of Nucor employees Thursday in Berkeley County SC CREDIT Nucor BERKELEY COUNTY, S.C. – Vice President JD Vance traveled to Berkeley County on Thursday to tour Nucor, the largest steel manufacturer …

Source: The Berkeley Observer - South Carolina - Center-right