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 Monday ...
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel.
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.
With the Nippon Steel purchase of U. S. Steel scuttled by presidential decree, might Cleveland-Cliffs join forces with Nucor ...
“Without the Nippon Steel transaction ... On its own, U.S. Steel seems poised to focus on newer electric arc furnaces, such as its Big River plant in Arkansas, which can make high-quality ...
Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to ...
However, U.S. Steel has warned that, without Nippon Steel's cash, it will shift production away from its aging blast furnaces to cheaper non-union electric arc furnaces and move its headquarters out ...
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
“Without the Nippon Steel transaction ... On its own, U.S. Steel seems poised to focus on newer electric arc furnaces, such as its Big River plant in Arkansas, which can make high-quality ...
"Both Nippon Steel and U. S. Steel have engaged in good ... blast furnace investments and shift to cheaper nonunion electric arc furnaces. Further, executives said U.S. Steel may move its ...
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 saying the ...