The $14.1 billion deal comes after months of uncertainty about the future of the century-old steel maker.
Category: Steel and Iron
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Tesla Plans to Begin Delivery of the Cybertruck Today
Two years behind schedule, the electric model has an unusual design that sets it apart from rival pickups, which could limit its sales.
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Plans to Slash Emissions at Britain’s Largest Steel Plant Cause Unease
Tata Steel wants to close polluting blast furnaces in Port Talbot, Wales, but employees worry that their jobs will go, too.
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Plans to Slash Emissions at Britain’s Largest Steel Plant Cause Unease
Tata Steel wants to close polluting blast furnaces in Port Talbot, Wales, but employees worry that their jobs will go, too.
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An Irish Artisan Finds Joy in Forging Knives
Patrick Brennan describes the process of making Damascus steel as ‘magical.’
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U.S. Scales Back Hopes for Ambitious Climate Trade Deal With Europe
A negotiating deadline is quickly approaching, and the United States has lowered its expectations for a groundbreaking trade deal.
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Tom Conway, Steelworkers President and Biden Ally, Dies at 71
A tough but pragmatic negotiator, he led his union through decades of tumult, then helped drive through the president’s infrastructure plans.
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Slowing, Graying and in Debt, Can China’s Industrial Heartland Be Revived?
China, facing an economic slump, wants to make its industrial northeast more productive, turning to policies that some economists say have outlived their time.
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Britain and Tata Agree to $1.6 Billion Package for Steel Mill
The plan aims to cut both emissions and financial losses at Britain’s largest steel mill, but a union says it will also put many jobs at risk.
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Seven Standouts From the New York Design Festival
Bees, seeds, metal and stone all made appearances for the event that makes the city a design hub.
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How Ukraine’s Battered Steel Industry Galvanized Its War Effort
The New York Times – Business:The iron- and steel-producing factories of Ukraine’s rust belt have made body armor, helmets and armored plates for vehicles — and steelworkers risked their lives rolling out heavy machinery at the beginning of the war to help physically block the Russian advance.
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Tesla’s Cybertruck Is Coming Soon. Maybe.
The New York Times – Business:Already two years behind schedule, the Cybertruck has experts wondering how the company will manufacture its unusual stainless steel “exoskeleton.”