Experts question steel plant's reopening
🧐"Te #government's decision to allow Xin Ke Yuan Steel to resume op'ns has raised fresh qns abt #publicsafety & whether #regulations adequately address concerns surrounding #steel produced thru #inductionfurnace technology. Te debate extends beyond a #steelmaker to te broader issue of how #regulators shld respond when structural #engineers & industry experts cont to raise concerns abt materials used in critical infrast & buildings"
https://www.bangkokpost.com/thailand/general/3270845/experts-question-steel-plants-reopening
The intensifying scrutiny of Nippon Steel's bid to acquire U.S. Steel has called attention to the secretive interagency panel that could be the ultimate arbiter of the merger. https://www.japantimes.co.jp/business/2024/05/04/companies/us-nippon-steel-secret-panel/ #business #companies #nipponsteel #ussteel #acquisitions #us #steel #steelmaker
Political furor over U.S. Steel bid puts investment panel in spotlight

Backlash over the deal has echoes of the 1980s when Nippon Steel tried and failed to buy another American metal company.

The Japan Times
Nippon Steel postponed acquiring United States Steel until December from an initially planned September date due to a U.S. review of the deal. https://www.japantimes.co.jp/business/2024/05/03/companies/nippon-steel-us-steel-delay/ #business #companies #nipponsteel #ussteel #acquisitions #us #steel #steelmaker
Nippon Steel pushes back U.S. Steel acquisition until December

Nippon Steel has delayed acquiring United States Steel as the United Steelworkers union opposes the plan, along with U.S. President Joe Biden.

The Japan Times

Fire reported at Russian #steelmaker in Lipetsk Oblast

On 2nd anniversary of Russia’s full-scale invasion of Ukraine, fire erupted at the main plant of Russian steelmaker Novolipetsk Steel (NLMK), according to the regional governor.

Located approximately 400 km from Russia-Ukraine border, plant is #NLMK's primary production facility

It accounts for 80% of NLMK’s steel output and 18% of all Russian #steel

https://kyivindependent.com/fire-reported-at-russian-steelmaker-in-lipetsk-oblast/

#RussiaInvadedUkraine #Imperialism #StandWithnUkraine

Fire reported at Russian steelmaker in Lipetsk Oblast

On the second anniversary of Russia's full-scale invasion of Ukraine, a fire erupted at the main plant of Russian steelmaker Novolipetsk Steel (NLMK), according to statements from the regional governor.

The Kyiv Independent