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Us Steel News - Latest Updates & Headlines

Trump announces Hyundai's USD 5.8 billion US Steel investment

Washington, DC, March 25: US President Donald Trump, alongside the Governor of Louisiana, announced on Monday that Hyundai will be investing USD 5.8 billion in American manufacturing, including the construction of a steel plant in Louisiana that will produce over 2.7 million metric tons of steel annually and create more than 1,400 jobs, in an official White House briefing earlier today.

Sensex, Nifty crash as US steel tariffs weigh on markets

Mumbai, Feb 11: The Indian stock market crashed on Tuesday, with the Sensex and Nifty falling over 1.3 per cent in the afternoon trade, as US President Donald Trump formally announced plans to impose 25 per cent tariffs on all steel and aluminium imports.