Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal that would bring much needed capital ...
Donald Trump has promised to safeguard American steel manufacturing. The Nippon-U.S. Steel deal is not as good for the industry as it looks.
Biden blocked Nippon’s proposed acquisition of US Steel (NYSE:X), saying the steel producers and the American steelworkers “are the backbone of our nation.” However, the administration ...
Pittsburgh’s relationship with decline is complicated. The city lost half its population after the steel industry collapsed ...
The incident that sums up Biden’s problems is the proposed purchase of U.S. Steel by Japanese steel maker Nippon Steel for $15 billion. Shareholders for both companies want the deal, and workers ...
In the wake of President Joe Biden blocking Nippon Steel's bid to buy U.S. Steel, Cleveland-Cliffs has renewed its offer to ...
Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according ...
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
The CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he wanted to make a new bid for U.S.
American steel companies Cleveland-Cliffs Inc. and Nucor Corp. They are negotiating the possibility of a joint acquisition of United States Steel Corp. (US Steel). This is reported by foreign media.