It’s the third-largest steel maker in the U.S., trailing Nucor and Cleveland-Cliffs. U.S. Steel accounted for more than 10% of global steel production in 1950. In 2023, it accounted for less ...
WASHINGTON, D. C. - U.S. Sen. Sherrod Brown wants President Joe Biden to examine the national security implications of Nippon Steel’s relationship with China’s steel industry as the Tokyo ...
Japan’s Prime Minister Fumio Kishida's visit to the United States has sparked discussions on bolstering military alliances and joint ventures in defense equipment. Amid these talks also looms ...
Be warned: there are spoilers for Fallout 4's ending here and very light spoilers for the Fallout TV show! In the opening episode of the Fallout TV show, the Brotherhood of Steel's massive airship ...
The successful bid Dec. 18 for $55 in cash was ahead of a cash-and-stock offer made by U.S. Steel rival Cleveland-Cliffs (NYSE: CLF), which had announced in August that it had made a previous ...
The successful bid Dec. 18 for $55 in cash was ahead of a cash-and-stock offer made by U.S. Steel rival Cleveland-Cliffs (NYSE: CLF), which had announced in August that it had made a previous ...
opens new tab shareholders on Friday approved its proposed $14.9 billion acquisition by Japan's Nippon Steel (5401.T) , opens new tab, as expected, taking the merger one step closer to completion ...
U.S. Steel's shares closed down 2.1% at $41.33 on Friday, well below Nippon Steel's offer of $55 a share, reflecting uncertainty over whether the deal will secure regulatory approval.
A Cleveland-Cliffs bid, the group argues, would lead to anticompetitive steel prices for the U.S. automotive industry. If Cleveland-Cliffs were to obtain control over the Pittsburgh company ...
U.S. Steel shareholders approved the sale and are expected to receive $55 in cash for each company share they own, the Wall Street Journal reported, noting the approval of the deal was widely ...
And Vance's ultimate goal seems to be getting Ohio-based Cleveland-Cliffs another shot at purchasing U.S. Steel, even though Japan-based Nippon offered a better price. In effect, Vance is now ...
Images: AP/Getty Images/Zuma Press Composite: Mark Kelly President Biden weighed in last month on Nippon Steel’s proposed acquisition of U.S. Steel. “It is vital,” he said in a statement ...