Outgoing President Joe Biden dropped a bombshell when he issued an executive order last month blocking the purchase of United States Steel (USS) by Japan’s Nippon Steel, citing national security ...

Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan’s biggest steelmaker said on Friday. Nippon Steel will offer 2,750 yen ($17.78 ...

An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora Holdings Group, with $10 ...

On January 3, 2025, President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a potential threat to national security. The ...

U.S. Steel shareholders approve $14.9 billion buyout by Nippon Steel April 13, 2024 Biden believes U.S. Steel sale to Japanese company warrants ‘serious scrutiny,’ White House says ...

Nippon Steel and US Steel's court appeal starts on Monday, with the companies seeking to overturn a ruling that blocks their merger plan. Amid the legal fight, poor earnings at US Steel indicate ...

Nucor may be interested in acquiring parts of U.S. Steel if the $14.9 billion deal for Nippon Steel to purchase U.S. Steel falls through. The Charlotte, North Carolina mini mill operator long ago ...

2023 Nippon Steel & Sumitomo Metal Corporation 180.00 5.77 JPY 2022 Nippon Steel & Sumitomo Metal Corporation 160.00 7.37 JPY 2021 Nippon Steel & Sumitomo Metal Corporation 10.00 0.53 JPY 2020 ...

(Reuters) -- U.S. Steel reported a fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment. The industry has been ...

U.S. Steel is attempting to salvage an about $15 billion sale to Nippon Steel and navigate rivals Cleveland-Cliffs and Nucor vying for a shot at a takeover. Activist investor Ancora has nominated ...