'All-American solution': Bid for U.S. Steel in the works, Nucor part of the deal
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs.
President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...
Pittsburgh-based U.S. Steel stands on the precipice of disaster, potentially costing thousands of blue-collar union members their jobs in the battleground state of Pennsylvania. Its only hope of ...
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...
U.S. Steel CEO David Burritt took another run at persuading Donald Trump to change his mind and let the iconic Pittsburgh steelmaker be sold to Nippon Steel of Japan, Fox Business reported on ...
There are two separate lawsuits, including one against rival Cleveland-Cliffs and the president of United Steelworkers.
The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision ...
President Biden blocked Nippon Steel's (NPSCY, 5401.T) $14.9 billion bid for US Steel (X) on Friday, even after the Japan-based company submitted a new buyout proposal to the US administration ...
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