A US Steel Corp. lawsuit against the United Steelworkers president and a rival manufacturer is likely to fail in court using an untested antitrust argument, yet could still damage the two defendants ...
U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company. The news comes after Nippon Steel's $14.1 billion takeover of ...
U.S. Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a takeover bid of the iconic American steelmaker. Cliffs would purchase all of US Steel ...
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.
U.S. Steel (NYSE: X) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic American steelmaker. Nippon's $14.9 billion bid in late 2023 represented a ...
Copyright 2025 The Associated Press. All Rights Reserved. A person walks past a Nippon Steel Corporation sign at the company headquarters Tuesday, Jan. 7, 2025, in ...
HARRISBURG, Pa. (AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon ...