Thetakeover ofUnited States Steel by Japan’s Nippon Steel is in limbo following opposition from both Republicans and Democrats. Its stock is still a buy. U.S. Steel’s history stretches back to ...
The Chilean government’s decision to impose anti-dumping tariffs on two steel products from China boosted shares of the local steelmaker CAP on Monday, which decided to suspend an announced ...
LONDON, April 29 (Reuters) - A European Union industry group on Monday downgraded its 2024 steel demand outlook for the second time in a matter of months, projecting growth of 3.2%, due to ...
U.S. Steel shareholders approved the sale and are expected to receive $55 in cash for each company share they own, the Wall Street Journal reported, noting the approval of the deal was widely ...
President Biden on Wednesday unveiled new protections for the U.S. steel industry, as he moves to combat what the White House calls “unfair” Chinese competition and shore up his political ...
US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has never ...
In a speech to union steelworkers in Pittsburgh, the president will announce several new measures meant to raise new barriers against floods of Chinese imports. By Jim Tankersley and Nicholas ...
The Biden administration on Wednesday will propose hiking tariffs on Chinese steel and aluminum as part of a package of actions aimed at penalizing Beijing and winning the votes of steel workers ...
, opens new tab shareholders on Friday approved its proposed $14.9 billion acquisition by Japan's Nippon Steel (5401.T) , opens new tab, as expected, taking the merger one step closer to ...
The Justice Department has opened up an in-depth antitrust investigation of Nippon Steel’s $14.1 billion takeover of U.S. Steel, according to two people with direct knowledge of the matter.
President touted plan during speech on Wednesday in Pennsylvania, where union support could prove crucial Joe Biden announced plans to triple tariffs on Chinese steel and aluminum and promised to ...
Nucor (NUE) -8.3% and Cleveland-Cliffs (NYSE:CLF) -10.5% in Tuesday's trading after both steel producers missed estimates for Q1 adjusted earnings and revenues (I, II). Citi analyst Alexander ...