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US Steel

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    Trump unveils $15bn Iowa steel plant plan●Trump unveils plan for $15bn Iowa steel plant he calls biggest in US historyβœ‰newsWorld2 d ago

    Donald Trump has announced plans for a $15 billion steel plant in Iowa, which he claims will be the biggest in US history. The announcement has drawn attention given the scale of the investment and its potential impact on American manufacturing and jobs, though details on funding and construction timelines remain limited.

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    Trump Announces $15 Billion Iowa Steel Project●Exclusive | Trump Unveils $15 Billion Iowa Steel Projectβœ‰newsBusinessMarkets2 d ago

    President Trump has unveiled a $15 billion steel project in Iowa, according to an exclusive Wall Street Journal report. Details on investors, timelines and expected jobs were not immediately available. The announcement, flagged as markets-relevant news, is drawing attention for its scale and potential impact on the US steel industry and Iowa's economy.

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    Stelco, the Ontario steelmaker, is slowing operations and laying off hundreds of workers in Hamilton and Nanticoke. CEO Alan Kestenbaum said no amount of money could have prevented the slowdown, pointing to the impact of US tariffs on Canadian steel. Reports link the decision to the trade war under Trump, and commentators are debating whether Canada's steel industry can survive. Workers describe the layoffs as devastating, with many facing an uncertain financial future.

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    Mark Carney pressed over LNG Canada steel origins●THIS IS WHY Mark Carney spent months promising to β€œBuy Canadian.” Now he's refusing to say whether LNG Canada will use C𝕏xCN1.8K11 h ago

    Mark Carney, who campaigned on a 'Buy Canadian' pledge, is being challenged over whether the LNG Canada project will use Canadian steel. Critics are highlighting alleged links to Chinese suppliers, while US officials have raised concerns about Chinese election interference in Canada. The story has sparked debate over whether the government's procurement promises are being kept.

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    Figure Robots Retired by Being Dropped into Molten Steel●Figure Robots Leap into Molten Steel for Epic Retirement𝕏xSE4.7K7 h ago

    Figure, the US robotics company, is reported to have retired its humanoid robots by dipping them into molten steel, prompting reactions about the dramatic way the machines ended their service life. Commenters are debating whether the gesture was a symbolic send-off, a security measure to destroy proprietary hardware, or simply standard recycling of decommissioned units.

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    Carney Accuses Cleveland-Cliffs of Betraying Canadian Steelworkersβ—πŸŸ  UPDATE Carney Accuses US Steelmaker of Betraying Canadian Workers After Layoffs Prime Minister Mark Carney stated theMmastodonBusinessMarkets31 d ago

    Prime Minister Mark Carney accused US steelmaker Cleveland-Cliffs of betraying Canadian workers after it announced plans to shut down parts of its Stelco operations in Ontario. Carney said the government will take all necessary steps to ensure the company meets its legal obligations, protecting jobs and communities that depend on the steel industry.

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    G20 Trade Ministers Discuss Curbing Industrial Capacity Under US Pressureβ—βš‘ NEWS G20 Trade Ministers Discuss Curbing Industrial Capacity Amid US Pressure At a G20 meeting, US trade envoy pushedMmastodonBusinessMarkets310 h ago

    At a G20 meeting, the US trade envoy pushed for coordinated action against excess industrial capacity that is unfairly driving down global prices. Several countries, excluding China, reportedly agreed to a plan involving reductions in capacity. The discussion highlights continued US efforts to rally trading partners on overcapacity, a dispute at the heart of tensions with Beijing over steel, solar and other subsidized exports.

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    US targets China's steel overcapacity at G20 talksβ–ΌUS targets China’s steel capacity at G20 days after Xi’s state visitβœ‰newsWorldDiplomacy1 h ago

    The United States is pressing China over its excess steel capacity at the G20, just days after President Xi Jinping's state visit. Washington argues that Chinese overproduction depresses global steel prices and harms producers in the US and elsewhere. The move highlights continuing trade friction between the two countries despite the recent diplomatic engagement and signals that economic disputes remain high on the G20 agenda.

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    Homestead Strike unionists faced first treason prosecution in US historyβ–ΌToday in Labor History September 30, 1892: In the wake of the Homestead Steel Strike, union leaders were prosecuted forMmastodonBusinessLabor747 min ago

    On September 30, 1892, following the Homestead Steel Strike, union leaders were prosecuted for treason, the first such prosecution of labor organizers in US history. Carnegie Steel chairman Henry C. Frick pushed the case, persuading the chief justice of the Pennsylvania Supreme Court. The episode remains a landmark in the history of anti-union repression in America.

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    Carney Accuses US Steelmaker of Betraying Canadian Workersβ–ΌπŸŸ  UPDATE Carney Accuses US Steelmaker of Betraying Canadian Workers After Layoffs Deloitte has lowered Canada's growth fMmastodonWorldDiplomacy21 d ago

    Mark Carney has accused a US steelmaker of betraying Canadian workers following layoffs, amid escalating trade tensions between Ottawa and Washington. Deloitte has cut Canada's growth forecast for next year by 20 percent, citing new US import bans on Canadian products. The downgrade adds concrete economic data to the ongoing tariff dispute, intensifying scrutiny of the trade conflict's impact on Canadian jobs and industry.

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    Carney accuses US steelmaker of betraying Canadian workersβ—πŸŸ  UPDATE Carney Accuses US Steelmaker of Betraying Canadian Workers After Layoffs PM Carney stated Canada can help lowerMmastodonWorldDiplomacy21 d ago

    Canadian PM Mark Carney has accused a US steelmaker of betraying Canadian workers after layoffs, saying Canada can help lower the US cost of living. He stressed the need for reliable global partnerships beyond the US, warning the world is becoming 'more dangerous and divided'. The comments reflect growing trade and industrial tensions between Ottawa and Washington.

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    Indian firm behind Trump-announced $15bn steel mill has Russia ties●Indian firm building $15bn Trump-announced steel mill has deep Russia ties https://www. aljazeera.com/news/2026/9/29/i nMmastodonWorld21 d ago

    Essar, the Indian conglomerate building a $15 billion steel mill announced by Donald Trump, has deep financial ties to Russia, according to an Al Jazeera investigation. The reporting indicates Russian cash helped the firm behind the project, raising questions about the factory's funding and the scrutiny surrounding the high-profile US-backed announcement.

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    Carney accuses US steelmaker of betraying Canadian workers●Carney accuses US steelmaker of betraying Canadian workers after layoffs tied to Trump tariffsβœ‰newsWorld1 d ago

    Canadian Prime Minister Mark Carney has accused a US steelmaker of betraying Canadian workers after the company announced layoffs that Canadian officials link to President Donald Trump's tariffs on steel. Carney's comments sharpen tensions between Ottawa and Washington over trade policy and its impact on Canadian jobs, and the story is drawing wide attention in Canada and beyond.