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India defines green steel
India announces formula for classifying green steel
India's steel ministry on Thursday announced a formula for defining 'green steel,' classifying it under three categories based on the quantity of carbon emissions per metric tonne of the alloy produced.
India becomes first nation to define ‘Green Steel’ with new emissions standards & star rating system
The star rating system so introduced is also on the basis of “this greenness”. For instance, the best quality steel which has a five star rating will have an emission intensity lower than 1.6t-CO2e/tfs;
Govt announces formula for classifying green steel based on emissions
Steel produced with emissions below 1.6 tonnes per tonne of alloy would be classified as 'five-star green-rated steel', the cleanest of the three
U.S. Steel drops
Explainer-What Next for Nippon Steel and US Steel's $15 Billion Mega-Merger?
(Reuters) - A U.S. government panel is set to submit its recommendations this month on whether a Japanese takeover of U.S. Steel would threaten national security, with the fate of the $15 billion mega-merger in the balance.
US Steel-Nippon and Supermarket Mergers Both Get Blocked
Biden—born in US Steel’s home state of Pennsylvania—has long signaled opposition to the sale, and has said the company would remain domestically owned. A federal judge on Tuesday also blew up another huge deal—while granting a parting gift to Federal Trade Commission Chair Lina Khan in the process.
U.S. Steel drops as Biden set to block Nippon Steel deal
President Joe Biden plans to formally block the $14.1 billion sale of U.S. Steel on national security grounds, people familiar with the matter said.
UBS downgrades Steel Dynamics on balanced risk/reward
UBS downgrades Steel Dynamics, Nucor and Commercial Metals Company
UBS downgraded a few steel companies on Thursday, with Steel Dynamics (NASDAQ:STLD) and Nucor (NYSE:NUE) downgraded to Neutral, and Commercial Metals Company (NYSE:CMC) to Sell. The analysts downgraded STLD,
UBS downgrades Steel Dynamics on balanced risk/reward post rally
UBS analyst Andrew Jones downgraded Steel Dynamics (STLD) to Neutral from Buy with a price target of $149, up from $145. Despite “weak” steel
UBS downgrades steel stocks citing less compelling risk-reward post rally
Steel Dynamics Inc (NASDAQ:STLD), and Commercial Metals Company (NYSE:CMC), citing less compelling risk-reward dynamics following a strong rally in their shares. Nucor and Steel
10h
SSAB: Difficult To Forecast The Future In Steel, But Appealing Below 50 SEK
SSAB AB (SSAAF) faces significant volatility and negative growth, with EPS expected to drop through 2025. See why I maintain ...
13h
India considers 'safeguard' duty on steel, minister says
India is weighing imposition of a "safeguard duty", or a temporary tax, on steel, the steel minister, H.D. Kumaraswamy, said ...
2d
Impasse deepens over U.S. Steel takeover as government review nears end
Face-to-face talks between Nippon Steel and the United Steelworkers union failed to close the gap over the Japanese company’s ...
1d
President Biden reportedly set to block sale of Pittsburgh's U.S. Steel to Japan-based Nippon Steel
WASHINGTON (KDKA) - President Joe Biden is reportedly preparing to block the sale of U.S. Steel to Nippon Steel . As of ...
SchaeffersResearch.com
6h
3 Steel Stocks in Focus After Biden's Buyout Block
U.S. President Joe Biden reported plans to block Nippon
Steel
's buyout of U.S.
Steel
According to a report from Bloomberg ...
1d
US Says Review of Nippon-US Steel Tie-Up Ongoing as US Steel Shares Tumble
(Reuters) - U.S. President Joe Biden plans to formally block Nippon Steel's proposed takeover of U.S. Steel on national ...
1d
on MSN
Japanese takeover could spell long-term decline of U.S. Steel, union chief says
The head of a powerful labour union opposing U.S. Steel's sale to Japan's Nippon Steel said he has not received assurances ...
The Fabricator
1d
A better idea than tariffs to help the steel industry
A better idea would be for the federal government to use price supports for steel, like it does for farmers. When the price ...
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