Business news - 23 June 2015

Derek Donaldson has been promoted from Vice President of Asia Pacific to Vice President of Global Operations.

World crude steel production for the 65 countries reporting to the World Steel Association totals a 2.1% decrease compared to last year.

Mexico's government has announced nearly US$10 billion in electricity and natural gas projects that include two pipelines linked to the US.

After roughly six months of attempts to engage with Williams, Energy Transfer said it was unable to start a friendly dialogue about a merger, forcing it to make an unsolicited bid.

Western Canadian oil producers are at risk of losing CAN$100 billion in the next 15 years if no new pipelines are constructed in North America.