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Esmark scraps bid for U.S. Steel

Privately held steel company Esmark said on Wednesday it would not participate in the purchase process for U.S. Steel and respect the position of the United Steel Workers (USW) union, which is supporting Cleveland-Cliffs' offer......»»

Category: topSource:  autonewsAug 23rd, 2023

U.S. Steel bidding war shines light on scramble for electrical steel

The bidding war for U.S. Steel could have implications for the small but rapidly growing domestic market for electrical steel, an ultrathin material vital for the auto industry as it makes more EVs......»»

Category: topSource:  autonewsRelated NewsSep 1st, 2023

New giant planet shows evidence of possible planetary collisions

A Neptune-sized planet denser than steel has been discovered by an international team of astronomers, who believe its composition could be the result of a giant planetary clash......»»

Category: topSource:  physorgRelated NewsAug 30th, 2023

Poll: Which rumored iPhone 15 Pro color would you choose?

Over the last few days, we’ve heard a lot of rumors when it comes to the colors of the iPhone 15 Pro. Since Apple is replacing the stainless steel frame with a new one made of titanium, the company is also expected to introduce new colors to match.....»»

Category: topSource:  pcmagRelated NewsAug 28th, 2023

iPhone 15 Pro: How much lighter will titanium be versus stainless steel?

iPhone 15 Pro will rely on a titanium frame instead of stainless steel, and that should make for a noticeably lighter device. How much lighter are we talking? more….....»»

Category: topSource:  marketingvoxRelated NewsAug 25th, 2023

Nomad Rugged Case for Apple Watch is an Ultra conversion kit in black steel

Nomad is out today with its latest Apple accessory – the Rugged Case for Apple Watch which is the company’s first protective case + band for the wearable. Made with black steel and orange or black buttons, the Rugged Case is like a super durable.....»»

Category: topSource:  theglobeandmailRelated NewsAug 24th, 2023

Esmark scraps bid for U.S. Steel

Privately held steel company Esmark said on Wednesday it would not participate in the purchase process for U.S. Steel and respect the position of the United Steel Workers (USW) union, which is supporting Cleveland-Cliffs' offer......»»

Category: topSource:  autonewsRelated NewsAug 23rd, 2023

U.S. Steel says union cannot block company"s potential sale

The steelmaker's statement came after the USW said it would only back Cleveland-Cliffs as a suitor for the company. The union said "Cliffs has shown itself to be an outstanding employer to all of its workers.".....»»

Category: topSource:  autonewsRelated NewsAug 18th, 2023

Editorial: Why U.S. Steel bidding war is a reason to fret

There's likely some trepidation in auto purchasing circles of the market power a combined steel making entity — however it shakes out — would have on prices......»»

Category: topSource:  autonewsRelated NewsAug 18th, 2023

How the iconic U.S. Steel became an acquisition target

U.S. Steel's shares were undervalued compared with many of its major peer before the takeover disclosure last week......»»

Category: topSource:  autonewsRelated NewsAug 17th, 2023

ArcelorMittal weighs possible bid for U.S. Steel, report says

ArcelorMittal is discussing a possible offer with its investment bankers, and there is no certainty that it will press ahead with it, unnamed sources told Reuters......»»

Category: topSource:  autonewsRelated NewsAug 16th, 2023

Steelworkers union reiterates vow to exclusively back Cleveland-Cliffs in U.S. Steel takeover

Steelworkers President Tom Conway said the union only endorses one bid for the iconic American steelmaker, saying that the Cleveland-based producer’s plan will preserve union jobs......»»

Category: topSource:  autonewsRelated NewsAug 16th, 2023

U.S. Steel attracts buyout offer from Esmark for $7.8 billion in cash, trumping Cleveland-Cliffs

Esmark's bid is the latest twist in a rapidly evolving saga that has the potential to reshape the domestic steel landscape — with major implications for North American automakers......»»

Category: topSource:  autonewsRelated NewsAug 15th, 2023

U.S. Steel spurns $7.25 billion takeover offer from Cleveland-Cliffs

Both companies are major steel suppliers to the U.S. auto industry......»»

Category: topSource:  autonewsRelated NewsAug 14th, 2023

iPhone 15 Pro rumored to ditch stainless steel for titanium: What we know

Among other changes, this year’s iPhone 15 Pro models are rumored to feature a new chassis made out of titanium for the first time. This could make for a lighter design, additional durability, and more. In fact, it could be one of the biggest desig.....»»

Category: topSource:  pcmagRelated NewsAug 9th, 2023

Boron nitride-based nanocomposites have unexpected properties, researchers discover

Just as carbon makes up both the brittle core of a No. 2 pencil and the harder-than-steel diamond in a cutting tool, boron nitride gives rise to compounds that can be soft or hard. Yet, unlike carbon, far less is known about boron nitride's forms and.....»»

Category: topSource:  physorgRelated NewsAug 7th, 2023

Researchers look at the role of graphene in space technology

Graphene has long been put forward as a wonder material. Undeniably, it has astounding properties—stronger than steel, a better electrical conductor than copper, and lighter than almost anything else with similar properties. And while it's been par.....»»

Category: topSource:  physorgRelated NewsAug 7th, 2023

Monday’s best deals: iPhone 14 Pro Max $179 off, stainless steel Apple Watch Series 8 $612, more

All of today’s best deals are now headlined by 9to5Toys sharing a $179 discount on the iPhone 14 Pro Max with its Dynamic Island in tow. That rare offer is joined by one of the best price cuts yet on a stainless steel Apple Watch Series 8 at $137 o.....»»

Category: gadgetSource:  9to5macRelated NewsAug 1st, 2023

Auto seating supplier scraps unprofitable Jeep business near Detroit

The Jeep seating business is being picked up by Lear Corp., which said in an earnings presentation in April that it won a conquest award to supply complete seats for the Wagoneer and Grand Wagoneer launching in late 2023......»»

Category: topSource:  autonewsRelated NewsJul 31st, 2023

Australia scraps billion-dollar satellite program

Australia on Friday said it was axing a billion-dollar plan to develop a series of space satellites, as it tries to cut costs amid an economic slowdown and cost-of-living crisis......»»

Category: topSource:  physorgRelated NewsJun 30th, 2023

David Corenswet: 5 shows and movies to watch starring the next Superman

Before David Corenswet takes to the skies as the new Man of Steel, discover how the future Superman actor became a rising star in these five shows and movies......»»

Category: topSource:  digitaltrendsRelated NewsJun 28th, 2023