U.S. Steel Stock Is Rising on Hopes for Other Bidders
The first bid led to several companies looking at U.S. Steel, including Nucor. according to reports. With the Nippon deal on life support, the bidding war appears to be starting a
Biden Blocks US Steel Deal: What's Next For X Stock?
US Steel is facing challenges with bearish signals and a blocked acquisition, but analysts see potential for investors in the long term.
American Competitor Signals Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
'All-American solution': Bid for U.S. Steel in the works, Nucor part of the deal
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs.
A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden
The CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs.
Cleveland-Cliffs eyes rival bid for US Steel: 'Make American steel great again'
Cleveland-Cliffs CEO Laurenco Goncalves on the status of the deal between U.S. Steel and Nippon Steel and Cleveland-Cliffs' renewed effort to buy U.S. Steel.
Why U.S. Steel Stock Soared Today
U.S. Steel ( X 6.75%) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic ...
U.S. Steel stock tumbles to almost half of what Nippon Steel offered after Biden rejection
Investors were betting on a grim future for U.S. Steel after reports that President Joe Biden will officially reject the ...
US Steel Stock Slips on Weaker-Than-Expected Outlook
U.S. Steel said lower prices and the costs of the ramp-up of a new factory will negatively impact current-quarter results.
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S&P500 Forecast: Stock Futures Edge Up as Chewy and Block Gain, U.S. Steel Drops
U.S. stock futures rise as Chewy and Block gain, but U.S. Steel falls after Biden blocks Nippon Steel’s takeover. Market ...
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Bidding War Alert: Is U.S. Steel Stock a Buy, Sell, or Hold as Buyers Emerge?
U.S. Steel (X) shares surged over 6% to $36.34 on Monday following reports that American steelmakers Cleveland-Cliffs (CLF) ...
United States Steel Represents A Great Risk To Reward Prospect At Current Pricing
United States Steel's strategic investments position it well for future growth and modernization. See why X stock is a Buy.
What's Going On With United States Steel Shares Monday?
United States Steel Corp. (NYSE:X) stock is trading higher Monday following a report that Cleveland-Cliffs Inc. (NYSE:CLF) will partner with Nucor Corp. (NYSE:NUE) to make a potential bid to acquire ...