US Steel seesaws on report Biden administration split over Nippon Steel deal
US Steel (NYSE:X) shares seesawed after a report that the Biden administration is split over a decision on the steelmaker's planned $14 billion sale to Nippon Steel (OTCPK:NPSCY), though Joe Biden still plans to block it.
Nippon Steel Makes Final Push to Win Over US Workers
Nippon Steel Corp. clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts to win over workers and politicians for its bid to buy the Pittsburgh-based steelmaker.
President Biden Plans To Block Nippon Steel Takeover of US Steel, Report Says
U.S. President Joe Biden reportedly plans to formally block the $14 billion sale of U.S. Steel to Japan's Nippon Steel on national security grounds.
US says review of Nippon-US Steel deal ongoing as US Steel shares tumble
A national security review of Nippon Steel's $15 billion bid for U.S. Steel is ongoing and President Joe Biden will see what it yields before making a decision on whether to block the deal, the White House said on Tuesday,
U.S. Steel drops as Biden set to block Nippon Steel deal
President Joe Biden plans to formally block the $14.1 billion sale of U.S. Steel on national security grounds, people familiar with the matter said.
U.S. Steel down 9% after Bloomberg says Biden set to block Nippon Steel deal
EST U.S. Steel (X) down 9% after Bloomberg says Biden set to block Nippon Steel (NPSCY) dealPick the best stocks and maximize your
Biden plans to block Nippon Steel purchase of U.S. Steel, Bloomberg News reports
U.S. President Joe Biden plans to formally block Nippon Steel's proposed takeover of U.S. Steel on national security grounds once the $15 billion deal is referred back to him later this month, Bloomberg News reported on Tuesday,
India announces formula for classifying green steel
India's steel ministry on Thursday announced a formula for defining 'green steel,' classifying it under three categories ...
The Fabricator1d
A better idea than tariffs to help the steel industry
A better idea would be for the federal government to use price supports for steel, like it does for farmers. When the price ...
Biden to kill Nippon Steel’s $15B takeover of US Steel on national security grounds: report
The Committee on Foreign Investment in the United States panel reviewing the deal must refer its decision on the merger to ...
India considers 'safeguard' duty on steel, minister says
India is weighing imposition of a "safeguard duty", or a temporary tax, on steel, the steel minister, H.D. Kumaraswamy, said ...
What’s driving the possible closure of Crucible steel plant in Geddes? Company is staying mum
Crucible President John Shiesley has not returned calls seeking comment since telling workers in a letter last week that the ...
Impasse deepens over U.S. Steel takeover as government review nears end
Face-to-face talks between Nippon Steel and the United Steelworkers union failed to close the gap over the Japanese company’s ...
The Times of Northwest Indiana1d
Nippon Steel offering U.S. Steel employees $5,000 bonuses that union calls bribery
Nippon Steel is offering nearly $100 million in closing bonuses, including of $5,000 to union employees. The United ...
SSAB: Difficult To Forecast The Future In Steel, But Appealing Below 50 SEK
SSAB AB (SSAAF) faces significant volatility and negative growth, with EPS expected to drop through 2025. See why I maintain ...
Explainer-What next for Nippon Steel and US Steel's $15 billion mega-merger?
A U.S. government panel is set to submit its recommendations this month on whether a Japanese takeover of U.S. Steel would ...