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.

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 ...

The UK government took effective control Saturday of Britain’s last remaining factory that makes steel from scratch from its Chinese owners, after lawmakers approved an emergency rescue.

Business Secretary Jonathan Reynolds has said it is "likely" that British Steel will be nationalised. However he also stressed the importance of finding a private sector partner for the business ...

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 ...

Semafor reported that Nippon Steel and U.S. Steel are in talks with the Trump administration for the Japanese company to raise its $2.7 billion planned investment in the US firm's facilities.

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 ...

British Steel could potentially be nationalised after the UK government intervened to prevent the closure of its Scunthorpe plant – the last facility in the country capable of producing virgin steel ...

The Chinese owner of British Steel has rejected a £500m state rescue package in a move which raises fresh doubts about thousands of steel industry jobs. Sky News has learnt that the offer was ...

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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 ...

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