The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse. By Danielle Kaye and Lauren Hirsch A possible new ...
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Bertrand Orsal-Reams has been appointed to the position of head of digitalization at sustainable iron and steel company, GravitHy. America has elected Donald Trump as its 47th president, beckoning a ...
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.S ...
The CEO of American owned and operated Cleveland-Cliffs says he’s putting in a bid to buy U.S. Steel. He says it’s not a matter of if, but when. This comes after President Joe Biden recently ...
Gerdau S/A Ord-0.13% R$34.18B ...
Cleveland-Cliffs (CLF) and Nucor (NUE) are reportedly planning an all-cash offer for US Steel (X), according to reports from CNBC. The reports come after the Biden administration blocked the sale ...
U.S. Steel has warned that, without Nippon Steel's cash, it will shift production away from the blast furnaces to cheaper non-union electric arc furnaces and move its headquarters out of Pittsburgh.
WASHINGTON, Jan 11 (Reuters) - The Biden administration delayed until June an order for Nippon Steel (5401.T), opens new tab to abandon its $14.9 billion bid for U.S. Steel (X.N), opens new tab ...
The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion bid for U.S. Steel, the companies said on ...
US authorities have extended the deadline for Japan’s Nippon Steel to abandon its acquisition of its American rival after President Joe Biden blocked the deal, the companies said Sunday. Biden cited ...