The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back ...
United States Steel's strategic investments position it well for future growth and modernization. See why X stock is a Buy.
Cleveland-Cliffs (CLF) still wants to purchase all or parts of US Steel (NYSE:X) after President Joe Biden blocked its $14 billion sale to Nippon Steel (OTCPK:NPSCY) last week, though Cliffs is on ...
Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with ...
US steel companies Cleveland-Cliffs and Nucor are preparing a joint proposal to potentially acquire US Steel after the White House blocked a takeover by Japan's Nippon Steel, CNBC reported Monday.
Japan Prime Minister Shigeru Ishiba asked US President Joe Biden to allay concerns in the Japanese and US business communities over his order to block Nippon Steel’s planned acquisition of U.S ...
Shares of US Steel rose more than 10% after the CNBC report, to $37.75 — still well below Nippon Steel’s $55-a-share offer. Cliffs shares climbed as much as 6% while Nucor shares were up as ...
On January 3, Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp, citing national security concerns, slightly over a year after Nippon made its offer in December 2023.
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security ...
President Biden blocked Nippon Steel's (NPSCY, 5401.T) $14.9 billion bid for US Steel (X) on Friday, even after the Japan-based company submitted a new buyout proposal to the US administration ...