Nippon Steel Corp. said it achieved the world’s first carbon dioxide (CO2) emission cut of 43 percent by using hydrogen instead of coal in a blast furnace. The breakthrough was made in a test ...

Buying U.S. Steel below $55 or even $10 doesn't change the big picture. This is a special-situation stock operating in a ...

Nippon Steel eyes reviving US Steel acquisition plans despite Trump's opposition. National security concerns and union resistance loom large in the way.

On its website, Nippon Steel says in Pennsylvania alone it intends to create a $1 billion “economic impact” at the Mon Valley blast furnace/basic oxygen furnace (BOF) complex near Pittsburgh. The ...

United States Steel ... on blast furnace technology and Nucor on electric arc mini-mills. But a new administration in Washington has flipped the script. There's a chance that Nippon Steel could ...

The EAF will melt mostly scrap steel and will replace both blast furnaces which closed ... New buildings to be constructed will include the furnace complex, a fume and dust treatment plant and ...

Union leaders said in 2022 that the sale of the blast furnaces could cost the region roughly 2,000 jobs. The local deal has since stalled but could be resurrected. Neither Nippon nor U.S. Steel ...

United States Steel ... from Nippon Steel, U.S. Steel may need to reassess its capital expenditure plans, particularly for critical projects like the modernization of Gary blast furnaces and ...