Deadline extended on Nippon’s bid for U.S. Steel, offering hope that deal isn’t dead
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a ...
The Times of Northwest Indiana3d
Cleveland-Cliffs CEO believes U.S. Steel can stand on its own but would benefit from consolidation
Cleveland-Cliffs CEO Lourenco Goncalves said further consolidation of the steel industry would be beneficial for U.S. Steel ...
The Times of Northwest Indiana6d
U.S. Steel lawsuit alleges deal blocked because of politics after 'sham' review
U.S. Steel and Nippon Steel allege in a lawsuit President Joe Biden blocked their $14.9 billion merger over political calculations, calling it an unprecedented action that "served the president's ...
WTAE-TV5d
US extends deadline on Nippon's bid for US Steel, offering some hope that the deal is not dead
U.S. Steel has warned that, without Nippon Steel's cash, it will shift production away from the blast furnaces to cheaper non-union electric arc furnaces and move its headquarters out of Pittsburgh.
The Hill4d
It’s up to the courts to save the US Steel Nippon deal
Nippon Steel announced another $1.4 billion investment in U.S. Steel’s key facilities at Mon Valley, Pa. and Gary, Ind. Additionally, Nippon offered an additional 10-year guarantee that it would ...
WISH-TV4d
Biden extends deadline for Nippon Steel to acquire U.S. Steel, reviving deal
HARRISBURG, Pa. (AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge ...
U.S. Steel rises on CNBC report of American rivals mulling bid
United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a ...