The proposed deal, which had been in the works for over a year, involved Nippon Steel making significant investments in U.S. Steel to modernize its operations and ensure its survival amid tough ...
It’s hard to think of a more iconically American company than US Steel. It’s right there in the name. But it’s more than that. The company emerged from Andrew Carnegie’s Pittsburgh-area steel mills, ...
WHEN ASKED IF U.S. STEEL CAN REMAIN COMPETITIVE WITHOUT A SALE, MCCALL SAID THIS STEELWORKERS IN AMERICA ARE THE MOST PRODUCTIVE STEEL WORKERS IN THE WORLD, SO WE CAN COMPETE WITH ANYBODY.
Biden said he blocked the $14 billion takeover of U.S. Steel by Japan‘s Nippon Steel on the grounds the sale was a threat to national security. The Edgar Thomson Works in Braddock, Pennsylvania ...
SO WE’LL BE WATCHING U.S. STEEL’S FUTURE DECISIONS CLOSELY. ROBICHAUX TELLS ME THIS DEAL COULD STILL GO THROUGH IF A COURT OVERTURNS THE DECISION, BU On Friday, President Joe Biden blocked the $14.9 ...
President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...
President Biden has announced he will block the sale of U.S. Steel to Japanese-owned Nippon Steel, saying the acquisition would “create risk for our national security and our critical supply ...