Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive
Japan's Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said, despite strong U.S. opposition including from President-elect Donald Trump.
Trump vows to block Nippon Steel’s $14B takeover of US Steel
President-elect Donald Trump pledges to stop Nippon Steel’s $14 billion purchase of U.S. Steel, emphasizing national security and domestic ownership concerns.
Trump Says He Will Block Acquisition of U.S. Steel by Japanese Firm
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that had already run into widespread political opposition.
Trump Says He'll Block Steel Deal From Happening: 'Buyer Beware'
President-elect Donald Trump vows to block Nippon Steel's $15B U.S. Steel deal as the Japanese firm races to close purchase before January.
Trump again vows to block Japanese firm’s controversial takeover of US Steel
President-elect Donald Trump has repeatedly said he intends to block a Japanese firm’s $15 billion takeover bid of US Steel upon taking office, saying the former American giant can eventually stand on its own.
Trump says he will block Nippon Steel takeover of US Steel: 'Buyer Beware'
President-elect Trump said he would use a series of tax incentives and tariffs to block Nippon Steel's planned purchase of American manufacturing firm U.S. Steel.
Trump reiterates opposition to Nippon Steel's takeover of U.S. Steel
"I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan," Trump wrote on his social media platform Truth Social. Nippon Steel hopes to close the deal before Trump retakes the White House on Jan.
Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs
President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., and he’s pledging to use tax incentives and tariffs to strengt
Nippon Steel Still Confident It Can Close Widely Opposed US Deal
Nippon Steel Corp. reiterated confidence that its $14.1 billion acquisition of United States Steel Corp. can be completed by year-end, even as the current and incoming US presidents oppose the takeover.
Steelworkers Feel 'Gut Punch' as Trump Plans to Block Takeover
Donald Trump's plan to block the sale of U.S. Steel to a Japanese company has upset some Pennsylvania steelworkers.
Trump promised to block the sale of U.S. Steel. What does that mean for the Pittsburgh area?
"I'm on the side of making steel. I'm on the side for making steel for whoever owns this facility," said worker Jesse Smith. "I'm partial towards it being domestic and individuals
US Steel gains amid report regulators more likely to approve Nippon Steel deal
US Steel (NYSE:X) earlier rose as much as 4%, though has since pared its gain to 1.7%, amid a report that national security ...
Indian steel mills feel crunch from cheap Chinese imports
India's construction boom with its gleaming highrises and multilane highways was supposed to drive up domestic steel sales, ...
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U.S. Steel's Deal May be Falling Apart, Here's What Investors Should Expect
With lacking growth and the deal off the table, investors should expect U.S. Steel to trade back to the mid-$20 range or ...
Michelle Steel concedes to Derek Tran in Orange County House race
Rep. Michelle Steel (R-Calif.) has conceded her re-election bid to Democrat Derek Tran in California’s 45th Congressional ...
EU will look into extending steel import caps, says commissioner
The European Commission will look into ways to extend measures to limit steel imports as part of an overall plan to protect ...
Steel Dynamics initiated with a Neutral at Goldman Sachs
Goldman Sachs initiated coverage of Steel Dynamics (STLD) with a Neutral rating and $155 price target The prevailing sentiment towards the ...
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Nucor, Steel Stocks Rise On Goldman Call, Tariff Hopes
Nucor stock and Cleveland-Cliffs rallied as prospects for U.S. steel companies brighten following the election of Donald ...