The annual profit increase was driven by higher sales in 2024 due to the elevated demand for iron, a noticeable improvement in the construction sector, and an expanded customer base, compared to the ...
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Nissan stock surged but pared gains on reports the Japanese automaker had a new dance partner — Tesla. Whether a deal with the EV juggernaut makes sense is another story worth exploring. Japan is ...
The 27-member EU exported iron and steel worth €77.8 billion (around $85 billion) worldwide last year, Eurostat released on Wednesday. The EU's imports in the iron-steel field totaled €73.1 ...
(Photo by Richard A. Brooks / AFP) The European Union imported €2.5 billion ($2.7 billion) worth of iron and steel products from Russia in 2024 despite the sanctions, the report by the Ukrainian ...
The result is green iron, ready to be turned into steel in an electric arc furnace – with a fraction of the emissions. Ammonia is used to make fertiliser and industrial chemicals, and hydrogen ...
weighed down by a recovery in iron ore shipments, with increasing levies and legislations on Chinese steel exports putting further pressure on sentiment. The most-traded May iron ore contract on ...
The US was the second-biggest destination for the EU’s iron and steel exports last year, according to official figures released Wednesday. In 2023, the latest year for which data is available ...
U.S. President Donald Trump has stated that U.S. Steel will remain an American company and Nippon Steel will "invest heavily" in it. This implies that the Japanese firm would have a non ...
TOKYO (Reuters) - Nippon Steel plans to use its current merger agreement to acquire U.S. Steel as a starting point for talks with the U.S. government, President Tadashi Imai said on Tuesday ...
porous form of iron known as “direct-reduced iron” that’s already produced in high volumes as a raw material for the steel industry. Its natural porosity allows for it to absorb the non ...