The flood of cheap Chinese steel has severely impacted smaller Indian mills, forcing them to reduce operations and consider layoffs. MSMEs expect Budget 2025 to provide a solution to this problem.

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“If the strategy is about the production of cheap steel, then it’s working, but at the cost of the rest of the steel sector and at the cost of the upstream generators of scrap metal.

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Biden said he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to national security. "It is my solemn responsibility as president to ...

That suit, filed in federal court in Pennsylvania, says the opponents tried to scuttle the sale in order to monopolize the domestic steel market. Sponsor Message "We remain confident that the ...

US Steel has gone to court to salvage its sale to a Japanese steelmaker. President Biden moved to block that sale last week, citing national security concerns. U.S. Steel is going to court to try ...