Cleveland-Cliffs teams up with Nucor in potential US Steel bid – reportDevelopment follows the Biden Administration's decision to block Japan's Nippon Steel from taking over US Steel.Staff Writer | January 13, 2025 | 8:30 am
Malaysia clamps anti-dumping duties on iron, steel from four nationsThe duties range from 2.52% to 36.80%.Reuters | January 13, 2025 | 6:37 am
Iron ore price logs weekly loss on soft demand but China stimulus limits fallSteel consumption has seasonally slowed, denting appetite for feedstocks including…Reuters | January 10, 2025 | 6:15 am
What’s next after Biden blocked the $15bn Nippon Steel/US Steel deal? Some analysts warned that blocking the deal could sour relations between the United States and Japan. Reuters | January 4, 2025 | 3:32 pm
Biden’s veto of US Steel deal raises multitude of new questions US statute makes it clear that American presidents are granted the power to kill a deal they deem a threat to national security. Bloomberg News | January 3, 2025 | 12:59 pm
White House: decision to block Nippon-US Steel deal was about keeping critical business in American hands Biden's decision to block the sale of US Steel was not about slighting Japan, it said. Reuters | January 3, 2025 | 9:23 am
Nippon Steel to sue US government over blocked US Steel deal US President Joe Biden has blocked the $14.1 billion sale. Staff Writer | January 3, 2025 | 8:38 am
Steelworkers union criticizes Nippon Steel’s proposal for lack of long-term commitment The proposal "is nothing but a "Hail Mary" pass destined to fall to the ground," it said. Reuters | January 2, 2025 | 1:03 pm
China’s 2025 iron ore imports set to hit new high even as steel demand dwindles UBS forecasts a moderate surplus in 2025 and prices holding up around $95-100/t under the base case scenario. Reuters | January 2, 2025 | 9:28 am
Rio Tinto says crew member missing from ship en route to Australia A deck fitter on board of a bulk carrier travelling from China to Western Australia was reported missing last week Reuters | January 2, 2025 | 7:18 am
US Steel jumps most in a year on Nippon Steel offer to Biden Last-ditch effort to get President Joe Biden’s approval for its takeover of the American steelmaker. Bloomberg News | December 31, 2024 | 12:10 pm
Iron ore price falls over 15% in 2024 on faltering China demand, high portside stocks A raft of stimulus measures unveiled by Beijing since late September to spur its sputtering economy helped the ferrous market recoup some losses. Reuters | December 31, 2024 | 8:46 am