Tata Steel is currently trading at Rs. 155.50, up by 0.50 points or 0.32%, from its previous closing of Rs. 155.00 on the BSE. The scrip opened at Rs. 156.10 and has touched a high and low of Rs. 156.10 and Rs. 154.00 respectively. So far 281816 shares were traded on the counter. The BSE […]
Vibhor Steel Tubes is currently trading at Rs. 187.60, up by 31.20 points or 19.95% from its previous closing of Rs. 156.40 on the BSE. The scrip opened at Rs. 157.65 and has touched a high and low of Rs. 187.60 and Rs. 157.10 respectively. So far 22143 shares were traded on the counter. The […]
US President Donald Trump is loading another tariff bullet, this time aimed at semiconductor chips and steel.The move, expected to be announced in the coming weaks, could shake the already rattled global trade.“I’ll be setting tariffs next week and the week after on steel and on, I would say, chips,” Trump told reporters aboard Air […]
An explosion at the US Steel Clairton Coke Works plant near Pittsburgh on Monday killed one, injured dozens and left several people trapped beneath rubble, officials said. Emergency teams were on site working to rescue those still caught in the debris.“There are no confirmed fatalities at the Clairton Coke Works,” said Abigail Gardner, director of […]
HARRISBURG: President Donald Trump will control the so called “golden share” that’s part of the national security agreement under which he allowed Japan based Nippon steel to buy out iconic American steelmaker US Steel, according to disclosures with the US Securities and Exchange Commission.The provision gives the president the power to appoint a board member […]
FRANKFURT: Thyssenkrupp said Monday it planned a major overhaul that will split the vast conglomerate into several standalone businesses, fuelling fears about further job losses and a looming break-up of the historic German industrial titan. Once a symbol of German manufacturing might, Thyssenkrupp has fallen into crisis in recent years as high costs at home, […]
US President Donald Trump (File Image) US President Donald Trump approved a bid by Japan-based Nippon Steel to make a big investment in the iconic American steelmaker, causing the American company’s shares to surge dramatically amidst discussions about foreign control of a vital national asset.The Pennsylvania-based company’s shares increased by over 21 per cent, with […]
NEW DELHI: The United States has told the World Trade Organization (WTO) that its decision to impose tariffs on steel and aluminium imports was taken on national security grounds, not as a safeguard measure, a key distinction that challenges India’s formal complaint filed earlier this month.In a communication dated April 17, the US said the […]
Beijing warned Britain on Monday against “politicising” an unfolding spat over the future of Chinese-owned British Steel after legislation was approved to prevent the shutdown of the last British factory that can make steel from scratch. A spokesman for China’s foreign ministry urged the British government on Monday to “avoid politicising trade cooperation or linking […]
