Financial risks and uncertainties surround CLF's potential acquisition of US Steel, but share buyback program offers ...
Manufacturers needed steel for household appliances ... “We need major U.S. companies representing the major share of US steelmaking capacity to keep leading the fight on behalf of America’s national ...
U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the ...
WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...
These policies led to higher domestic steel prices and improved profit margins for U.S. producers, although they also faced criticism for increasing costs for manufacturers reliant on steel imports .
South Korea's Hyundai Steel , an affiliate of automakers Hyundai Motor and Kia , said on Wednesday it is actively considering building a steel plant in the United States.
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 ...
TOKYO: US authorities have extended the deadline for Japan's Nippon Steel to abandon its acquisition of its American rival after President Joe Biden blocked the deal, the companies said on Sunday ...
Rise of US Steel Paralleled the Arrival of the ... began producing more steel used for a growing middle class. Manufacturers needed steel for household appliances, automobiles and vast ...