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73°
Wednesday, jun 3
Tag:
U.S. Steel
Business
Nippon Steel Deal Could Change After Deadly Clairton Coke Works Explosion: US Steel
U.S. Steel says its multi-billion-dollar Nippon Steel deal remains on track despite the Aug. 11 explosion at the Clairton Coke Works that killed two workers and injured 10. But at a press conference Tuesday, Aug. 12, the company hinted changes to the agreement could be coming — and won’t be known until the investigation into the deadly blast is complete. The facility was preparing for routine maintenance when a gas build-up triggered an explosion at coke oven batteries 13 and 14 at 10:51 a.m., Allegheny County Emergency Services said. The pressure valve released to batteries 19 and 20, creat…
News
2 Dead, 10 Injured; Timelapse Video Shows Fatal Explosions At US Steel Clairton Coke
A timelapse video and photos captured by the Breathe Project show the massive plume from a deadly explosion at the U.S. Steel Clairton Coke Works on Monday, Aug. 11, that has now left two people dead two missing, and 10 injured, officials confirmed later Monday night. The explosion happened at 10:51 a.m. between coke oven batteries 13 and 14 inside the sprawling coking facility along the Monongahela River in Clairton, sparking a fire and a large-scale emergency response, according to Allegheny County Emergency Services (ACES). There were multiple secondary explosions, officials explained. B…
Business
Canned Food Prices Rising Under Trump's Higher Tariffs, Report Says: Here's How Much
President Donald Trump's newly hiked 50% steel tariffs could make your next can of soup or vegetables more expensive. Producers of canned goods are warning about rising costs at the grocery store because of Trump's tariffs, The Wall Street Journal reported. The Consumer Brands Association said the price of canned foods could rise between 9% and 15% as a result of the tariff. That means the price of a $2 can of vegetables might jump by up to 30 cents. "The American consumer is going to pay more for their cans," said Dan Dietrich, vice president for strategy at Trivium Packaging. Trump…
Business
Americans Eating At Home Most Since 2020 Amid Trump Trade Wars, Campbell's Says
Americans are cooking and eating at home in the largest numbers since the start of the COVID-19 pandemic amid President Donald Trump's sweeping tariffs, according to the head of a major food company. Campbell's president and CEO Mick Beekhuizen made the comments in a news release announcing the company's quarterly earnings on Monday, June 2. The company with a huge brand portfolio, including Pepperidge Farms, Rao's, and Cape Cod Potato Chips, reported a 4% increase in net sales. Beekhuizen's comments come as economic pressure mounts for many Americans due to Trump's global trade wars. "Con…