Photographer: Sean Gallup/Getty Images --
The US steel industry has been dominated this year by Nippon Steel Corp.’s proposed takeover of United States Steel Corp., the country’s largest producer. The $14.1 billion deal, which has become a hot political issue following opposition from President Joe Biden and union workers, is driven by the Japanese company’s optimism of more growth within the US.
The Federal Reserve’s signaling of rate cuts as soon as September lifts the prospects of a turnaround for sectors that rely on steel.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
US Steel Industry Sees Economy Reviving Demand in 2025(Bloomberg) -- American steel executives say they’re optimistic that demand for the industrial material will rebound next year, recovering from the...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »
China Puts Brake on New Steel Plants With Industry in Crisis(Bloomberg) -- China has abruptly suspended its system for approving new steel plants, as the government responds to a deep demand slump that’s crushed...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »
China Slashes Steel Output as Industry Rings Alarm on Demand(Bloomberg) -- Chinese steelmakers slashed output last month as woeful demand forced steep cuts on an industry contending with a collapse in margins.Most...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »
World’s Top Steel Producer Warns of ‘Severe’ Industry Crisis(Bloomberg) -- China’s steel industry is facing a crisis more serious than the downturns of 2008 and 2015, the world’s biggest producer warned, highlighting ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »