Steel Industry

4 Articles
EconomyWorld

Britain Nationalises Chinese Owned Steel Giant as Beijing Demands Billions in Compensation

A bitter diplomatic confrontation is brewing between London and Beijing after the British government seized control of the nation's last remaining virgin steel...

World

BlueScope Rejects Revised 10.7 Billion Dollar US Takeover Offer Citing Valuation Concerns

BlueScope has rejected a revised 10.7 billion dollar takeover proposal, stating that the updated offer fails to adequately reflect the company long term...

World

Brazil imposes anti dumping duties on Chinese steel and hypodermic needles up to 5 years

Brazil has announced the imposition of anti dumping duties on selected steel products and hypodermic needles imported from China, with measures set to...

Economy

FG Allocates N6.04bn to Salaries for Dormant Ajaokuta Steel Company in 2026 Budget

The Federal Government has earmarked N6.04 billion for personnel costs at the Ajaokuta Steel Company Limited (ASCL) in the 2026 budget, despite the...