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Nippon bid, Steel
Biden administration formally extends review of U.S. Steel deal, pushing decision past election
The Biden administration on Tuesday extended its review of Nippon Steel’s take over of U.S. Steel, effectively pushing a final presidential decision on the matter past Election Day.
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
US decision on Nippon bid for US Steel pushed back to after Nov election, sources say
By Jeff Mason, Alexandra Alper and Katya Golubkova WASHINGTON/TOKYO (Reuters) -The U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S. Steel let the companies refile their application for approval of the deal,
3h
on MSN
U.S. Steel Stock Is Rising. 3 Reasons Why.
U.S. Steel stock rose Thursday, pushed up by investors digesting good news on several fronts.In late morning trading, shares ...
11h
U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end
United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s ...
JD Supra
3h
U.S. Steel Industry Files New Trade Case Against Imports of Corrosion Resistant Steel From 10 Countries
The Petition - The U.S. Steel industry, including Steel Dynamics, Inc., Nucor Corporation, United States Steel Corporation ...
1d
on MSN
U.S. Steel Stock Is Rising. The Politics Are Getting More Muddled.
The shares gained ground after Bloomberg reported that the government will delay a review of the company’s potential takeover ...
The Times of Northwest Indiana
2h
U.S. Steel expects to bring in $300 million in EBITDA in the third quarter
U.S. Steel expects to bring in $300 million in earnings before interest, taxes, depreciation or amortization or EBITDA in the ...
2d
U.S. Steel CEO discusses Nippon merger in Detroit. Here's what he said
Automakers support the deal because in their eyes it will increase supply and offer price competition for the steel they use ...
Opinion
3d
on MSN
Opinion
How U.S. Steel Got Rolled
The move to block a Japanese company from buying the American manufacturer puts political expediency ahead of industrial ...
The Business Journals
1d
U.S. Steel CEO David Burritt optimistic deal will be struck with Nippon Steel
The companies want to close the transaction by the end of the year. It was announced in December 2023. United States
Steel
Corp. CEO David Burritt on Thursday voiced optimism that the $14.9 billion ...
2d
Here's why the auto industry supports a U.S. Steel sale to Japan's Nippon Steel
There is not a competitive domestic supply chain for the type of steel automakers prefer in vehicle manufacturing, but the ...
3d
Acquisition Chatter Heats U.S. Steel
United States Steel stock surged nearly 9% during Wednesday’s trading, recovering somewhat from more than a 30% correction in ...
6h
U.S. Steel Powers Through Pricing Pressures, Domestic Demand Holds Strong Despite Global Challenges
United States Steel Corporation (NYSE:X) shares are trading higher on Thursday. The company provided third-quarter 2024 ...
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Joe Biden
Kamala Harris
President of the United States
Japan
Nippon
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