The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...

On December 18, 2023, Nippon Steel, the fourth largest steelmaker in the world, announced it was buying United States Steel (US Steel) for $14.9 billion. Though US Steel is an iconic company central ...

China is both the world's largest producer and consumer of steel. Because of the enormous size of the Chinese steel industry, any change in domestic production can have an outsized impact on the ...

Egypt - The Suez Canal Economic Zone (SCZONE) and Suez Steel Company have signed a preliminary contract to operate and develop facilities for dry bulk handling at Adabiya Port, as per a statement. The ...

TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel (X.N), opens new tab as U.S ...

WASHINGTON — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U ...

TOKYO, Dec 25 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab is seeing support for its proposal to acquire U.S. Steel (X.N), opens new tab in the regions of the United States where steel ...

Never turn down capital when it’s offered to you. The previous axiom is easily as old as business. The wise refuse what’s precious precisely because they know well that tomorrow is another ...

After a year of intense debate, it’s now up to President Joe Biden whether to allow the sale of U.S. Steel to Nippon Steel, a Japanese company — a decision that will send a strong signal about ...

A high-level government review board has told the White House it is unable to reach a consensus on the national security risks involved in Nippon Steel’s proposed acquisition of U.S. Steel ...

Mr. Burritt is the president and chief executive of U.S. Steel. This is a pivotal moment for the future of American manufacturing. The United States must make the right decision. U.S. Steel agreed ...

India's finished steel imports, especially from China, surged to record highs in the first eight months of the fiscal year 2024-25. This influx, coupled with increased imports from Japan and South ...