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Biden, Nippon Steel
Nippon Steel to sell $211 million in assets to manage debt amid U.S. Steel deal
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the Nikkei quoted its vice chairman as saying on Friday, as it waits to know the fate of its $14.
Opinion
Editorial: Pressure needs to stay on to get Nippon-U.S. Steel deal done
"There are more than 3,000 jobs at stake here at Mon Valley Works alone. Everyone involved should put politics aside and take the time to really think through what’s best for all."
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
38m
on MSN
How U.S. Steel’s long, painful decline turned into a political lightning rod
Unions, Japanese takeovers, and Pennsylvania have all conspired to make the proposed deal for U.S. Steel a hot election year ...
Opinion
4d
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 ...
3d
U.S. Steel CEO discusses Nippon merger in Detroit. Here's what he said
Automakers support the deal because in their eyes it will increase supply and offer price competition for the steel they use ...
JD Supra
1d
U.S. Steel Industry Files New Trade Case Against Imports of Corrosion Resistant Steel From 10 Countries
The Petition - The U.S. Steel industry, including Steel Dynamics, Inc., Nucor Corporation, United States Steel Corporation ...
4d
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 ...
4d
Here's why the auto industry supports a U.S. Steel sale to Japan's Nippon Steel
There is not a competitive domestic supply chain for the type of steel automakers prefer in vehicle manufacturing, but the ...
The Business Journals
2d
U.S. Steel CEO David Burritt optimistic deal will be struck with Nippon Steel
The companies want to close the transaction by the end of the year. It was announced in December 2023. United States
Steel
Corp. CEO David Burritt on Thursday voiced optimism that the $14.9 billion ...
1d
on MSN
U.S. Steel Stock Is Rising. 3 Reasons Why.
Thursday, the iconic American steel maker offered a solid mid-quarter update. It offered a statement about the Nippon deal ...
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Joe Biden
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