The Vault · 2026-04-01 03:56:56 · Bloomberg Markets
Aditya Birla Global Trading is actively expanding its physical commodities footprint in Asia, with a strategic focus on its Singapore-based iron ore trading desk. The trading arm of the Indian conglomerate has made two key hires to bolster its team handling steelmaking raw materials, a move that directly targets the he...
The Network · 2026-04-01 22:57:17 · Seeking Alpha
The Biden administration is preparing to announce a significant escalation in trade policy, with plans to impose a 25% tariff on imported finished steel and aluminum products. This move, reported by The Wall Street Journal, directly targets a key industrial sector and signals a hardening stance on international trade, ...
The Vault · 2026-04-03 04:56:52 · Bloomberg Markets
Tokyo Steel Manufacturing Co. shares rocketed as much as 21% in a single session, a dramatic move triggered by the entry of activist investor Oasis Management Co. The Hong Kong-based fund has disclosed a significant stake in the Japanese steelmaker and explicitly stated it may submit proposals, signaling a direct chall...
The Vault · 2026-04-15 13:52:55 · Bloomberg Markets
The UK government has moved to secure the future of a critical northern steel business, selecting a preferred bidder for the assets it seized from industrialist Sanjeev Gupta's collapsed empire. This marks a decisive step in resolving the fate of a major industrial site that fell into state hands following the financia...
The Vault · 2026-04-20 15:22:52 · Bloomberg Markets
Cleveland-Cliffs is hitting the brakes on its anticipated deal with South Korea's POSCO Holdings. CEO Lourenco Goncalves stated the company is 'no longer in a hurry' to finalize the transaction, signaling a major strategic shift driven by a resurgent domestic market. The urgency that once surrounded the partnership has...