logo
Explosions at US Steel plant leaves 1 dead, 1 missing, 10 injured, World News

Explosions at US Steel plant leaves 1 dead, 1 missing, 10 injured, World News

AsiaOne2 days ago
Multiple explosions at a US Steel plant near Pittsburgh killed at least one person and injured 10 others, authorities said on Monday (Aug 11), and emergency crews were searching through the rubble for an employee believed to be missing.
The blasts at the Clairton Coke Works — part of a sprawling industrial complex along the Monongahela River — took place just before 11am ET (11pm on Monday in Singapore time). Firefighters battled flames and heavy smoke that billowed out of the plant, which is owned by US Steel, a subsidiary of Nippon Steel.
Initially, two people were reported missing. One person was found and transported to a local hospital, said Allegheny County Police Assistant Superintendent Victor Joseph at an afternoon briefing. The other individual remains missing, he said.
There was no word yet on a possible cause of the explosion.
"It's still a rescue mission," Joseph said, adding that the probe into the explosion would be "a time-consuming technical investigation."
David Burritt, president and chief executive officer of US Steel, said in a statement that the company was working with local authorities to discover the cause.
Authorities believe they know the general location of the missing employee but were not completely sure, said Scott Buckiso, executive vice president and chief manufacturing officer for US Steel, at Monday's briefing.
Pennsylvania Governor Josh Shapiro posted on X that there were multiple explosions at the plant and that his administration was in touch with local officials.
"The scene is still active, and folks nearby should follow the direction of local authorities," he wrote.
The severity of the injuries was not known, but news accounts said that several people were taken to hospital burn units.
Clairton Mayor Rich Lattanzi said it was a horrible day for the city, about 20 miles (32km) south of Pittsburgh, long known as America's Steel City.
US Steel has produced steel in the area since the late 19th century, but in recent decades, the industry has been in decline, leading to plant closures and restructurings.
In June, Nippon Steel, Japan's biggest steelmaker, closed its US$14.9 billion (S$19 billion) acquisition of US Steel after an 18-month struggle to obtain US government approval for the deal, which faced scrutiny due to national security concerns.
While air quality monitors did not detect a dangerous rise in sulfur dioxide after Monday's explosions, residents within 1 mile of the plant were advised to remain indoors, close windows and doors, set HVAC systems to recirculate, and avoid activities that draw in outside air, said Allegheny County Executive Sara Innamorato at the briefing.
The Clairton Coke Works is the largest coke manufacturing facility in the United States, employing about 1,300 workers. It operates 10 coke oven batteries, which produce about 4.3 million tons of coke a year.
Coke is produced by heating coal at high temperatures. It is used in blast furnaces as part of the process of making steel.
[[nid:721239]]
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Keegan Bradley considers using Ryder Cup team captain's pick on himself
Keegan Bradley considers using Ryder Cup team captain's pick on himself

Straits Times

time9 minutes ago

  • Straits Times

Keegan Bradley considers using Ryder Cup team captain's pick on himself

Keegan Bradley plays his shot from the 18th tee during the final round of the St. Jude Championship. LOS ANGELES – In what could be a first for a pre-tournament press conference, Keegan Bradley was asked only briefly on Aug 13 about being defending champion of the BMW Championship, and about the course, Caves Valley Golf Club in Owings Mills, Maryland. Mostly, he talked about his role as captain of the US Ryder Cup team, the September event's course, Bethpage Black, and if he would use a captain's pick on the current No. 10 player in the Ryder Cup standings. That player is Bradley, making for a compelling narrative and much speculation as the FedExCup playoffs continue this week and lead to the Tour Championship. The top six players in the Ryder Cup points standings after this week's tournament will automatically qualify for the squad that faces Team Europe on Sept 26-28 in Farmingdale, New York. Scottie Scheffler, J.J. Spaun and Xander Schaufele have locked up three spots. Justin Thomas at No. 7, Collin Morikawa and Ben Griffin currently have more points than Bradley, who if he doesn't automatically qualify, could use one of six captain's picks on himself after the Tour Championship. 'I've been saying all year, you can't expect to be on the team unless you're in the top six,' said Bradley, 39. 'My goal is to go out there, whether I was Ryder Cup captain or not this week, and play well and play well next week at the Tour Championship as well. Top stories Swipe. Select. Stay informed. Asia India, Singapore ministers discuss deeper tie-ups in digitalisation, skills, industrial parks Business More seniors remain employed after retirement and re-employment ages raised in 2022: MOM study Singapore To Vers or not to Vers: How will this scheme affect HDB prices? Asia Malaysia's ex-economy minister says his son was jabbed with syringe in planned attack Singapore askST: Will assets seized in $3b money laundering case be sold at public auctions? Singapore Woman, 68, charged over assaulting maid with scissors and nail clipper Business StarHub first-half profit falls 41.7% to $47.9m; telco eyes 'more aggressive stance' amid competition Singapore From quiet introvert to self-confident student: How this vulnerable, shy teen gets help to develop and discover her strength 'There's definitely a lot more on my plate here these next couple of weeks. The Ryder Cup has always been so far away, and now it's right there. Things are definitely amping up. I still have a lot to prove just as well as everyone around me on the list.' It's not common for the team captain to also play. Arnold Palmer was the last playing captain in the biennial contest – but in 1963. Northern Ireland's Rory McIlroy, the No. 2 player in the world, said that he considers Bradley one of the United States' 12 best players. But he also believes there's too much on the plate – as Bradley might say – of a Ryder Cup team captain during the event to add playing duties. '(McIlroy) might be right,' Bradley added. 'We don't know. No one knows. Yeah, like everybody's telling me to start the year that a player can't be captain and have a good year. For me, I feel like this is one of my best years that I've ever had.' Bradley is currently No. 14 in the FedExCup standings and No. 12 in the Official World Golf Ranking. He has eight career wins on the PGA Tour, including the 2024 BMW Championship and this year at the Travelers Championship on June 22. He also had five top-10 finishes and made 17 of 19 cuts. He has made a habit in his career of asking others for advice who have gone through an experience such as playing in a Major, playing the last tee time on Sunday or facing the media. But for this question, no one has personal experience. 'I certainly have a lot of concerns, but I have the most incredible vice-captains, including Jim Furyk, who's been on these teams and been captain a bunch of times,' Bradley said. 'Quite frankly, I've been leaning on them more than any other captain ever anyways, even if I'm not playing. 'We're ready for this if it happens. I'm not sure it's going to. I can truly sit here right now and say I don't know what's going to happen. I have to look at myself just like any other player trying to make the team. I'm 10th in points right now, and that's not sixth.' He has gratitude for his peers' support no matter his decision, including McIlroy and world No. 1 Scheffler. Rickie Fowler and Patrick Cantlay also joined the chorus of supporting Bradley as a playing captain. 'It means the world to me to hear that. I haven't ever really felt that in my career,' Bradley said. 'It's really touching. It really means a lot. When you feel the respect of your peers, that's the ultimate.' REUTERS

Bitcoin hits fresh record above US$124,000 as Fed easing bets add to tailwinds
Bitcoin hits fresh record above US$124,000 as Fed easing bets add to tailwinds

Straits Times

time9 minutes ago

  • Straits Times

Bitcoin hits fresh record above US$124,000 as Fed easing bets add to tailwinds

Sign up now: Get ST's newsletters delivered to your inbox Bitcoin has risen nearly 32 per cent so far in 2025 on the back of regulatory wins for crypto following President Donald Trump's return to the White House. TOKYO - Bitcoin hit a record high on Aug 14 as increasing expectations for easier monetary policy from the Federal Reserve added to tailwinds from recently announced financial reforms. The world's largest crypto-asset by market value climbed as much as 0.9 per cent to US$124,002.49 in early Asia trading, surpassing its previous peak hit in July. Ether, the second largest crypto token, hit US$4,780.04, its highest level since late 2021. Bitcoin's rally is being powered by increasing certainty of Fed rate cuts, sustained institutional buying and moves by the Trump administration to ease investment in crypto assets, said IG market analyst Tony Sycamore. 'Technically a sustained break above US$125k could propel BTC to US$150,000,' he wrote in a note. Bitcoin has risen nearly 32 per cent so far in 2025 on the back of long-sought regulatory wins for the sector following President Donald Trump's return to the White House. Mr Trump has called himself the 'crypto president' and his family has made a series of forays into the sector over the past year. An executive order last week paved the way to allow crypto assets in 401(k) retirement accounts, highlighting an increasingly favorable regulatory environment in the United States. Crypto has scored multiple regulatory wins in the US over 2025, including the passage of stablecoin regulations and the US securities regulator's move to overhaul regulations in order to accommodate the asset class. Top stories Swipe. Select. Stay informed. Asia India, Singapore ministers discuss deeper tie-ups in digitalisation, skills, industrial parks Business More seniors remain employed after retirement and re-employment ages raised in 2022: MOM study Singapore To Vers or not to Vers: How will this scheme affect HDB prices? Asia Malaysia's ex-economy minister says his son was jabbed with syringe in planned attack Singapore askST: Will assets seized in $3b money laundering case be sold at public auctions? Singapore Woman, 68, charged over assaulting maid with scissors and nail clipper Business StarHub first-half profit falls 41.7% to $47.9m; telco eyes 'more aggressive stance' amid competition Singapore From quiet introvert to self-confident student: How this vulnerable, shy teen gets help to develop and discover her strength Bitcoin's surge has also sparked a broader rally in the asset class over the past few months, shrugging off the tremors of Mr Trump's wide-ranging tariff policies. According to data from CoinMarketCap, the crypto sector's overall market capitalisation has ballooned to over US$4.18 trillion (S$5.35 trillion), up from about US$2.5 trillion in November 2024, when Mr Trump won the US presidential election. The latest push for crypto adoption in the US came via an executive order on Thursday last week, which would ease access to the asset class in 401(k) retirement accounts. The executive order could also be a boost for asset managers such as BlackRock and Fidelity, which operate crypto exchange-traded funds (ETFs). Crypto's push into retirement savings can also be peppered with risks, as the asset class tends to experience much more volatility than stocks and bonds, which asset managers had typically relied on for such accounts. REUTERS

Evergrande liquidators target founder's assets in pivotal stage
Evergrande liquidators target founder's assets in pivotal stage

Business Times

time9 minutes ago

  • Business Times

Evergrande liquidators target founder's assets in pivotal stage

[HONG KONG] More than a year after China Evergrande Group's liquidators began pursing the wealth of seven key defendants, the high-profile case is now entering a critical phase. So far Hui Ka Yan, the founder of Guangzhou-based Evergrande, has refused to disclose his assets, escalating tensions between him and creditors. That's adding to the challenges for liquidators who are preparing to hone in on the billionaire during a hearing scheduled on Sep 2. Liquidators are sifting through files and looking at some 3,000 entities related to Evergrande, just as the firm announced plans to delist in August. At the heart of the matter is US$6 billion worth of assets in the form of mostly dividends and remuneration that were paid to people, including Hui and other defendants. The property mogul was known for his lavish lifestyle and exemplified the country's real estate boom and bust. The court's decision could influence how other wealthy founders and executives behind troubled Chinese developers disclose their assets. The country's developers have defaulted on about US$150 billion of debt since the property crisis began, according to data compiled by Bloomberg. So far, much of the trial has focused on Hui's ex-wife Ding Yumei and former chief executive officer Xia Haijun. Both managed to delay, but not avoid, disclosure of their assets, despite hiring some of the most expensive lawyers in town. If liquidators manage to convince the high court to have Hui reveal his holdings, it could help them locate wealth that amounts to about an eighth of the firm's preliminary estimated US$45 billion debt load. It would also be a victory for creditors who have yet to pocket a penny nearly 19 months after Evergrande was wound up. A NEWSLETTER FOR YOU Tuesday, 12 pm Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. Sign Up Sign Up Hui's network Clarity on Evergrande's assets tied to Hui is crucial for liquidation, as filings show he controls nearly 60 per cent of the company. Hui has pocketed more than US$7 billion over the past decade thanks to the firm's generous payouts, according to data compiled by Bloomberg. Getting Hui to detail his wealth is just the first step in a long process of recuperating funds. The liquidators also have to contend with complexities onshore. It's been challenging for offshore investors to get their hands on assets that sit in the mainland, which has a separate jurisdiction from Hong Kong. Last year, a mainland court accepted a liquidation application filed against one of Evergrande's major onshore units, Guangzhou Kailong Real Estate. Kailong is fully owned by Evergrande and has a stake of around 60 per cent in Hengda Real Estate, the developer's main property operation onshore. Last March, Chinese regulators accused Hengda Real Estate of inflating more than 560 billion yuan (S$100 billion) of revenue by recognising sales in advance, an alleged fraud that dwarfs that of Luckin Coffee and Enron. Evergrande was fined 4.2 billion yuan, leaving even less money for offshore creditors. The liquidators said that they have been made aware of hundreds of credit actions, including the onshore bankruptcy proceedings of Guangzhou Kailong. Evergrande will be removed from the Hong Kong stock exchange on Aug 25, a year and a half after the shares were suspended and almost 16 years after it was listed. Information on Hui's latest status and whereabouts have been scarce. In late 2023, Bloomberg reported Hui was taken away by Chinese police, and was being monitored at a designated location under so-called residential surveillance, a type of police action that falls short of formal detention or arrest. Apart from a company filing confirming Hui being put under control, the Chinese authorities have remained tight-lipped about his status since then. That's why creditors are trying to unearth more information about people within Hui's personal network. They include Hui's two sons. One of them, Peter Xu, who once ran Evergrande's wealth management unit, was taken into custody after the developer allegedly failed to pay people who invested in its investment products, local media reported in 2023. The Guangdong police did not respond to a query for comment. Ex-wife properties Hui also has underage children and two grandchildren, who are being looked after by Hui's ex-wife in London, a March court filing shows. Ding holds real estate globally worth as much as US$350 million, including 33 luxury properties in Carnation Way in Nine Elms, south of the River Thames in London; a condominium on the 47th floor in One Wall Centre in the heart of downtown Vancouver, according to public records. An 'astonishing' amount of art collections were found in the 'humid' apartment in Guangzhou where Ding's mother resides, the liquidators' lawyer said in a previous court hearing. As for former CEO Xia, his whereabouts are unknown as he refused to provide his current address to the court. Xia has almost US$500 million in assets at stake from his previous salary, shares and investments in Evergrande, according to data compiled by Bloomberg. Xia managed to hold off disclosing his assets for about a year until around mid-year. Liquidators still have doubts about what he's shared so far, according to a court filing. He is still seeking relief from sanctions. Hui could deploy the same strategy used by his ex-wife and Xia, including asking for court adjournments, appealing and refusing to comply with disclosure rulings. 'The stakes couldn't be higher,' for Hui and his family, said Daniel Margulies, a partner at Simpson Thacher & Bartlett. BLOOMBERG

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store