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The steelmaker's CEO David Burritt told WSJ the nearly $3 billion Nippon had pledged to invest in U.S. Steel's older mills was crucial to remain competitive and maintain workers' jobs. "We wouldn ...
Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker ...
U.S. President Joe Biden on Friday followed through on his pledge to block Nippon Steel's $14.9 billion bid for U.S. Steel, citing concerns the deal could hurt national security. It also ...
Like Biden, Trump has opposed the sale of Pittsburgh-based U.S. Steel, the nation's second-largest steel manufacturer, to Nippon, which had reached an agreement to buy the company for $14.9 billion.
U.S. Steel posts muted quarterly results amid Nippon deal snag January 30, 2025 at 5:29 PM FILE PHOTO: Train cars are seen in front of the Great Lakes Works United States Steel plant in River Rouge
WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden is poised to officially block Nippon Steel's proposed $14.9-billion purchase of U.S. Steel, a person familiar with the matter said on Friday ...
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The ...
U.S. Steel ranked 27th in the world based on output, and Nippon Steel ranks fourth, according to the World Steel Association. Tiger Bech's family on his final moments after New Orleans attack