Receive News24 Business writer-at-large Carol Paton's articles about the political economy, state-owned enterprises and energy sector.
KARACHI: The federal and Sindh governments on Monday decided to revive the Pakistan Steel Mills (PSM) on 700 acres of land with collective efforts, ARY News reported. Sindh Chief Minister Syed ...
U.S. Steel displaced 244 steelworkers last year when it idled the tin mill at Gary Works after tin mill imports surged 30%. The Pittsburgh-based steelmaker has been cutting back on tin operations ...
Chaudhary invited Malti Manjhi, one of the zoo’s dedicated keepers, to perform the ceremonial ribbon-cutting as an honour, reflecting Tata Steel's commitment to inclusivity and its practice of ...
Within 20 years of U.S. Steel’s christening, Pittsburgh mills were producing one-third ... Pittsburgh’s contracting population was cut in half, dropping from 604,000 in 1960 to 302,000 in ...
The company could still entertain bids from domestic rivals, said Peterson, noting that U.S. Steel's mini-mill assets could be attractive to peers like steel products company Nucor Group ...
Nippon Steel is proposing not to reduce production capacity at any U.S. Steel mills like Gary Works or the Midwest Plant in Portage without federal government approval, according to a report.
Nippon Steel Corp.’s thwarted bid to expand in the US could mean tougher competition for Chinese mills in an already saturated global market. Creating an entity to compete more effectively with ...
The company could still entertain bids from domestic rivals, said Peterson, noting that U.S. Steel's mini-mill assets could be attractive to peers like steel products company Nucor Group ...
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join ...
U.S. Steel has warned it might have to focus its efforts away from big steel mills in Pennsylvania and Indiana towards newer nonunion mills in places like Arkansas, potentially at the cost of ...
US Steel has claimed it could be forced to shut down the mills represented by the USW if it doesn’t get the $2.7 billion in investment planned by Nippon Steel as part of its proposed purchase.