Sitting near its 52-week lows at ... in this regard as one of the leading steel producers in the United States. That said, let’s see if it’s time to buy Nucor stock for a rebound after falling ...
President Joe Biden on Jan. 3 blocked the $15-billion sale of U.S. Steel Corp. to Nippon Steel Corp. under the federal Defense Production Act—citing national security concerns and "credible ...
Nippon Steel announced in December that it planned to buy the Pennsylvania steel producer for $14.1 billion in cash — and despite committing to keep the U.S. Steel name and Pittsburgh ...
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The steel company is Cleveland-Cliffs, the Ohio-based company that lost the bidding war to buy U.S. Steel last year ... Local officials in communities near some of U.S. Steel's Pennsylvania ...
Steel company stocks were notably poor performers on Thursday and Friday, with Cleveland-Cliffs (NYSE:CLF) -13.2%, Nucor (NYSE:NUE) -9.5%, Steel Dynamics (STLD) -8.4%, Commercial Metals (CMC) -7.1 ...
Nippon Steel had urged Biden to consider the measures it has taken to address security concerns. US Steel had echoed the sentiment, emphasizing that the deal enhances both US economic and national ...
WE’RE KEEPING OUR EYES ON HERE IN PENNSYLVANIA. NIPPON STEEL IS TRYING TO TAKE OVER PITTSBURGH BASED U.S. STEEL IN A MULTI-BILLION DOLLAR DEAL. PRESIDENT BIDEN, THE PRESIDENT ELECT, AND KAMALA ...