The future of Britain's last major steelmaking plant is uncertain. The British Steel plant in Scunthorpe had been on course to close down by May, but urgent government intervention will keep it ...

Britain was edging closer to China, but a dispute at a Chinese-owned steel company in the U.K. may prompt a rethink. By Mark Landler Reporting from London Britain has sent a parade of senior ...

TOKYO, March 24 (Reuters) - Nippon Steel's (5401.T), opens new tab president said on Monday that the Japanese steelmaker and the U.S. government share a mutual understanding that its planned ...

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 ...

The UK government has taken control of British Steel's plant in Scunthorpe, Lincolnshire, to prevent it from closing. Ministers say they have secured the raw materials needed to keep the plant's ...

China has warned the U.K. government to treat the Chinese owners of British Steel fairly or risk undermining investor confidence in the country after British authorities took control of the ...

The US Steel-Nippon deal appears off again after Trump reiterated his view that it should not be sold to Japan shortly after ordering a positive review of the deal. Tariffs may benefit US Steel ...

operated by British Steel, nowadays a Chinese-owned firm. There were stirring speeches about the country’s industrial heritage and excitable accusations of foreign sabotage. At one point the ...

April 7 (UPI) --President Donald Trump on Monday ordered a review of a proposed purchase of U.S. Steel by Nippon Steel. In an executive order, Trump directed the Committee on Foreign Investment in ...

President Trump has a spine of steel and he will not break," Leavitt added, referencing 34% retaliatory tariffs that China unveiled against the U.S. last week. Leavitt told Fox News Senior White ...

Trump's steel tariffs will hit sectors like wind and power transmission with higher costs and longer lead times while policy uncertainty will impact long-term investment plans, industry analysts warn.

South Korea’s Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a steel plant in the U.S. state of Louisiana with an annual capacity of 2.7 million tonnes ...