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A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the stock on the last trading day of the year. The storied industrial ...
US Steel's stock jumped as much as 28% after the announcement. ... Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on Twitter at @ines_ferre.
United States Steel (NYSE: X) announced an agreement to be acquired late last year. Nippon Steel's $14.9 billion offer represented a nearly 40% premium to U.S. Steel's share price at the time. U.S ...
Following Cleveland-Cliffs' offer, US Steel stock rose more than 35% bringing its year-to-date gains to just shy of 25%. Cleveland-Cliffs shares are down about 7% this year, in-line with the drop ...
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle. ... U.S. Steel stock dropped more than 5 percent on the news in Friday morning trading, falling to $30.65 a share as of ...
The United States Steel Corporation is an American steel company based in Pittsburgh, Pennsylvania, with production facilities in the U.S. and Central Europe.. The company produces and sells steel products, including flat-rolled and tubular products for customers in industries across automotive, construction, consumer, electrical, industrial equipment, distribution, and energy.
The days may be numbered for US Steel Corp., a one-time backbone of the nation’s economy. US Steel, once a symbol of America’s economic might, is now for sale in the bargain bin Skip to main ...
Nippon agreed to buy US Steel a year ago for nearly double the price of the hostile offer the company received from US-based Cleveland Cliffs. To secure approval for the deal, Nippon pledged to ...