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.

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, like Big River Steel in Osceola ...

Nippon initially bid $9.2 billion to purchase only U.S. Steel’s Keetac iron ore mine in Minnesota and a mini-mill operation employing electric arc furnace technology in Arkansas. Nippon wasn’t ...

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.

“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 ...

The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...

Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to ...

"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 ...

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.