A new rival bid for US Steel is emerging as the US extends …
Jan 13, 2025 · Goncalves declined to give financial details about the bid, but said in a news conference at a Cleveland-Cliffs plant in western Pennsylvania that it is an “all-American solution” to save U.S. Steel. He said he would relocate Cleveland-Cliffs’ headquarters to Pittsburgh, keep the U.S. Steel name and make Cleveland-Cliffs part of U.S. Steel.
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
Jan 9, 2025 · U.S. Steel has maintained that Nippon is the only buyer willing and able to make large investments in multiple steel mills and protect jobs. ... Here’s the latest news and analysis from Washington.
American Competitor Signals Possible New Bid for U.S. Steel
Jan 13, 2025 · A U.S. Steel plant in Braddock, Pa. The fresh bid by Cleveland-Cliffs comes less than two weeks after President Biden blocked a $14 billion takeover of U.S. Steel by Nippon Steel.
News & Events :: United States Steel Corporation (X)
Jan 3, 2025 · View our latest events and presentations. View information pertaining to our Annual Meeting of Shareholders.
U.S. Steel faces murky future after Biden blocks proposed ... - CBS News
Jan 3, 2025 · The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources...
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
Jan 6, 2025 · However, Mr. Biden’s move to terminate Nippon’s $14 billion bid for U.S. Steel raised questions about whether those powers were being abused, given that Japan is a close ally of the United States.
Nippon Steel Corporation and U. S. Steel Condemn U.S.
Jan 3, 2025 · Companies will take all appropriate action to protect their legal rights. TOKYO & PITTSBURGH--(BUSINESS WIRE)-- Nippon Steel Corporation ("Nippon Steel") (TSE: 5401) and United States Steel Corporation ("U. S. Steel") (NYSE: X) today issued the following statement on President Biden’s decision to block their proposed transaction.
US Steel’s shareholders just voted to end more than a century of ...
Apr 12, 2024 · US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has never...
Nippon Steel delays closing of acquisition of US Steel until late …
May 3, 2024 · TOKYO (AP) — Nippon Steel said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation related to the deal.
U.S. Steel CEO appeals to Trump after Biden blocks Nippon deal - NBC News
Jan 7, 2025 · The chief executive of U.S. Steel appealed directly to President-elect Donald Trump to take a second look at a Japanese company’s $15 billion deal to buy the American steelmaker.