Nickel miner Global Ferronickel Corp. (GFNI) is shelving its planned $50-million rebar steel manufacturing project in Bataan province amid weak industry outlook. GFNI said in a disclosure to the stock ...
The firm had plannd to partner with Huarong Asia Limited (Huarong), a Hong Kong-based company headed by a veteran businessman with more than 25 years of experience in the stainless steel business.
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 ...
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 ...
WASHINGTON, Dec 24 (Reuters) - Nippon Steel's (5401.T), opens new tab $15 billion bid for U.S. Steel (X.N), opens new tab has been referred to U.S. President Joe Biden, a White House spokesman ...
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 ...
Please think about the past and future in contemplating U.S. Steel’s situation. Tokyo-based Nippon Steel has offered to purchase the Pennsylvania-based steelmaker for over $14 billion.