Nippon Steel's legal challenge to overturn the US government decision blocking its acquisition of United States Steel Corp is scheduled to commence on Feb 3, according to court documents.
he's positioning Cliffs as the defender of domestic production. Nippon, meanwhile, has clapped back, touting its higher $55-per-share offer and a plan to overhaul US Steel's aging mills.
US steel companies Cleveland-Cliffs and Nucor are preparing a joint proposal to potentially acquire US Steel after the White House blocked a takeover by Japan's Nippon Steel, CNBC reported Monday.
In this article, we are going to take a look at where United States Steel Corporation (NYSE:X) stands against other firms that dominated Monday upsurge. Ten companies—predominantly in the ...