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Nippon bid, Steel
Japan’s Nippon Steel gets 3 month reprieve as Washington pushes review of U.S. Steel bid past the election
President Joe Biden, Democratic nominee Kamala Harris and Republican nominee Donald Trump all oppose Nippon Steel's $14.9 billion takeover bid for U.S. Steel.
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
David Burritt expressed confidence that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
Biden administration gives Nippon Steel more time to make case for purchase of US Steel
Nippon Steel is expected to re-file its application for a national security review by American regulators of its $15 billion takeover bid of US Steel, sources familiar with the matter told CNN on Tuesday,
1h
on MSN
U.S. Steel Stock Is Rising. The Politics Are Geting More Muddled.
Shares of United States Steel were rising after the government decided to delay a review of the company’s potential takeover ...
The Economist
21h
Chinese overcapacity is crushing the global steel industry
E ach year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year ...
2d
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 ...
9h
on MSN
India in talks to tackle rising steel imports, steel minister says
India is in discussions to tackle higher steel imports, Steel Minister H.D. Kumaraswamy said on Wednesday, without sharing ...
10h
Steel roses highlight youth homelessness
A new display of 1,800 steel roses has been installed at Sheffield Cathedral to highlight the scale of youth homelessness in ...
Opinion
1d
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 ...
15h
Australia's BlueScope Steel signs green iron agreement with Helios
Australia's BlueScope Steel has signed a preliminary agreement with Israel-based Helios Project to trial its green iron, ...
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