Shares of U.S. Steel are hitting a 52-week high after President Donald Trump ordered a new national security review of Nippon Steel's proposed bid to buy U.S. Steel for nearly $15 billion.

President Trump ordered on Monday a new review of a proposed U.S. Steel acquisition by Japanese corporation Nippon Steel. In a memo to multiple government figures including department heads ...

President Trump ordered a new national security review of Nippon Steel’s 54010.15%increase; green up pointing triangle plan to acquire U.S. Steel X 2.10%increase; green up pointing triangle ...

The United Kingdom could be the first G7 nation not to manufacture its own steel, with a major steel firm blaming President Donald Trump's tariffs for the planned closure of its two blast furnaces.

SMM reported on March 28 that from March 24-28, 2025, the cost and prices of 304 stainless steel cold-rolled coils rose simultaneously, but the profit margin improved only slightly. Cost side, the ...

The closure of two blast furnaces in Scunthorpe could lead to the loss of 2,700 jobs out of a 3,500-strong workforce A union has called for the government to nationalise British Steel if a deal ...

The potential closure of steelmaking operations at British Steel’s Scunthorpe site has been branded as “heartbreaking” and “distressing” for workers and the wider construction industry.

More than 2,000 jobs are at risk as Britain's second-biggest steelmaker failed to get an agreement with the UK government to support further operations. British Steel said Thursday that it is ...

The eagles nesting at U.S. Steel's Irvin Plant in West Mifflin have laid three eggs this season, and hundreds of people are watching as they hatch. USS 8, the first of the season, was hatched ...

Britain's second-biggest steel producer is kicking off a consultation that could lead to the closure of its two blast furnaces and more than half of its workforce losing their jobs - a move that ...

U.S. steel prices have surged significantly this year, with benchmark hot-rolled coil (HRC) prices rallying more than 25%. This spike is largely attributed to the Trump administration's imposition ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British Steel has set out plans to close its two blast furnaces as early as June, leading to the loss of ...