By Danielle Kaye and Lauren Hirsch A possible new takeover bid for U.S. Steel emerged on Monday, teeing up more turmoil over the once-dominant company’s future after President Biden’s decision ...

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 shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition ...

President Biden made a mistake blocking the U.S. Steel-Nippon merger. The onus is now on the courts to recognize this error and ensure the continued credibility of ...

TOKYO : Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel, its vice chairman Takahiro Mori said an opinion ...

The U.S. government has extended until June a deadline for Nippon Steel 5401-0.56%decrease; red down pointing triangle to drop its planned acquisition of United States Steel. The U.S. steelmaker ...

The Biden administration’s recent decision to block Nippon Steel’s acquisition of U.S. Steel highlights a concerning shift away from strategic economic diplomacy. By rejecting this deal ...

Nippon Steel Wants to Work With Trump Administration on US Steel Deal, Mori Tells WSJ TOKYO (Reuters) - Japan's Nippon Steel remains interested in working with the incoming administration of ...

LYNDORA, Pennsylvania — Lourenco Goncalves, the CEO of steelmaker Cleveland-Cliffs, said he wants to make a new bid to acquire U.S. Steel, calling his pitch an “all-American solution” to ...

U.S. Steel (NYSE: X) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic American steelmaker. Nippon's $14.9 billion bid in late 2023 represented a ...

In December 2023, Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal that would bring much needed capital investment to help restore the ailing steelmaker's ...