Allowing the merger to proceed would help both companies, bolster our relationship with an important ally, and strengthen the ...

Locomotive deals worth more than half a billion dollars signal iron ore could start flowing to ports this year.

Baowu Steel Group, the world’s largest steel producer, is investing $6bn in Guinea’s Simandou iron ore project, which is ...

Output is expected to double to 60 million tonnes at each of the two mines in the second year, the government projects.

helping to set up the country’s first modern steel mill. It established a joint venture with Baosteel, a member of the China Baowu Steel Group, in 2004. Baowu is now the world’s largest ...

U.S. Steel was the world’s largest steel producer. By 2023, however, it ranked 24th globally, far behind powerhouses like Baowu of China and Nippon Steel, according to the World Steel Association.

BEIJING (Reuters) - Australia's Fortescue said on Wednesday that it would partner with a wholly-owned subsidiary of China Baowu Steel Group, the world's largest steelmaker, to address challenges ...

Nippon Steel ranked fourth. Meantime, six Chinese firms ranked in the top ten, including the world’s top producer, Baowu. Depriving U.S. Steel of the much-needed shot-in-the-arm that Nippon Steel was ...

Australia’s Fortescue said on Wednesday that it would partner with a wholly-owned subsidiary of China Baowu Steel Group, the world’s largest steelmaker, to address challenges in decarbonizing ...