January 4, 2025 What’s next after Biden blocked the $15bn Nippon Steel/US Steel deal? Some analysts warned that blocking the deal could sour relations between the United States and Japan.
January 3, 2025 Biden’s veto of US Steel deal raises multitude of new questions US statute makes it clear that American presidents are granted the power to kill a deal they deem a threat to national security.
January 3, 2025 White House: decision to block Nippon-US Steel deal was about keeping critical business in American hands Biden's decision to block the sale of US Steel was not about slighting Japan, it said.
January 3, 2025 Nippon Steel to sue US government over blocked US Steel deal US President Joe Biden has blocked the $14.1 billion sale.
January 2, 2025 Steelworkers union criticizes Nippon Steel’s proposal for lack of long-term commitment The proposal "is nothing but a "Hail Mary" pass destined to fall to the ground," it said.
January 2, 2025 China’s 2025 iron ore imports set to hit new high even as steel demand dwindles UBS forecasts a moderate surplus in 2025 and prices holding up around $95-100/t under the base case scenario.
January 2, 2025 Rio Tinto says crew member missing from ship en route to Australia A deck fitter on board of a bulk carrier travelling from China to Western Australia was reported missing last week
December 31, 2024 US Steel jumps most in a year on Nippon Steel offer to Biden Last-ditch effort to get President Joe Biden’s approval for its takeover of the American steelmaker.
December 31, 2024 Iron ore price falls over 15% in 2024 on faltering China demand, high portside stocks A raft of stimulus measures unveiled by Beijing since late September to spur its sputtering economy helped the ferrous market recoup some losses.
December 31, 2024 Gold heads for biggest gain since 2010 in mixed year for metals Gold is heading for one of its biggest annual gains this century.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am