US Steel Corp. to upgrade Indiana facility, invests USD 750 million

The United States Steel Corporation, the Pittsburgh-headquartered integrated steel manufacturer, has reportedly announced to commence a significant upgrade at its Gary, Indiana-based production facility located along Lake Michigan. As per trusted sources, the upgrade is part of a 5-year asset revitalization investment for the firm. …

ADB approves US$300m financing for Philippines infrastructure program

The Asian Development Bank (ADB) has recently released a statement confirming a US$ 300 million loan that it would provide in support of Philippines’ efforts towards improving the framework for public-private partnership (PPP) infrastructure projects. Under the framework, the policy-based loan will be used to …