Even steel — a hard alloy of iron with traces of carbon — easily rusts, which means oxidation damages the steel in buildings, cars and appliances. But, as its name suggests, stainless steel ...
President Joe Biden is prepared to block Japan’s Nippon Steel’s proposed acquisition of US Steel, two sources familiar with the matter said, a move that would deal a major blow to the $14 ...
U.S. Steel’sX-2.10%decrease; red down pointing triangle chief executive said the company would close steel mills if its planned sale to Nippon Steel 5401 0.81%increase; green up pointing ...
U.S. Steel warned Wednesday that it may cut staff and move its headquarters from Pittsburgh if the company’s planned sale to Japanese steelmaker Nippon Steel falls apart. Nippon Steel announced ...
As presidential politics cloud the outlook of US Steel’s merger with its Japanese rival, a national security review of the deal is now not expected to be decided until after the election ...
U.S. Steel shares plunged Wednesday as Wall Street questioned whether its $14.1 billion deal with Japan's Nippon Steel is at risk of unraveling. U.S. Steel's stock price plunged as much as 25% in ...
Nippon Steel has pledged to appoint a board for US Steel with a majority of US citizens if its $14.9bn deal for the company is approved, after vice-president Kamala Harris said on Monday that it ...
TOKYO, Sept 13 (Reuters) - Nippon Steel (5401.T), opens new tab and U.S. Steel (X.N), opens new tab sent a letter on Sunday to U.S. President Joe Biden about their planned $15 billion merger after ...
The White House has faced backlash for politicizing its review of Nippon Steel’s takeover of the company. By Alan Rappeport Andrew Duehren and Lauren Hirsch Alan Rappeport and Andrew Duehern ...
After spending more than a week trying to secure a meeting with the president of the United Steelworkers union, Nippon Steel’s Takahiro Mori finally got an answer. But it was not the one he wanted.