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The story so far: Ever since Finance Minister Nirmala Sitharaman announced the 100% strategic sale of the Rashtriya Ispat Nigam Limited (RINL), the corporate entity of the Visakhapatnam Steel ...
I've worked at the U.S. Steel mill in Clairton, Pennsylvania, for almost three decades. As I get ready to retire in less than two years, I look back at my time with the company with pride and ...
Global steel use stands at 1.9 billion tons yearly, essential for various industries. Five major steel companies include Nucor, Steel Dynamics, Cleveland-Cliffs, ArcelorMittal, and U.S. Steel.
"We have determined that the share sale is the most assured path to receiving timely regulatory approval for the U.S. Steel acquisition," said Shigekazu Iwamoto, its managing executive officer.
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It has been accused of dumping cheap steel on the global market to beat out competitors. During his administration President Trump pushed China to cut production, and more recently, in 2024 ...
and, now, Vice President Harris as well. “U.S. Steel should remain American-owned and American-operated,” she said on Sept. 2. Still, the sale is far from dead. And to ensure U.S. Steel’s ...