Q4 group adjusted. EBITDA higher than in Q3-24 (EUR99m). The seasonal headwind in the summer quarter should turn into tailwind in Q4 which is seasonally stronger in Europe. Normally the Brazil ...

The outgoing US president has cited a strategic need to protect domestic industry. The long expected move cuts off a much needed lifeline of capital for the US icon ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...

On December 18, 2023, Nippon Steel, the fourth largest steelmaker in the world, announced it was buying United States Steel (US Steel) for $14.9 billion. Though US Steel is an iconic company central ...

TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel (X.N), opens new tab as U.S ...

WASHINGTON — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U ...

But US Steel has said the deal is necessary to help shore up the company’s ailing business, which has been struggling to keep up with cheaper foreign steel – mostly from China – for decades.

The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal. By Alan Rappeport and ...

Biden Will Decide on US Steel Acquisition After Influential Panel Fails to Reach Consensus WASHINGTON (AP) — A powerful government panel on Monday failed to reach consensus on the possible ...

After a year of intense debate, it’s now up to President Joe Biden whether to allow the sale of U.S. Steel to Nippon Steel, a Japanese company — a decision that will send a strong signal about ...