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US says review of Nippon-US Steel deal ongoing
US says review of Nippon-US Steel deal ongoing as US Steel shares tumble
A national security review of Nippon Steel's $15 billion bid for U.S. Steel is ongoing and President Joe Biden will see what it yields before making a decision on whether to block the deal, the White House said on Tuesday,
Nippon Steel Makes Final Push to Win Over US Workers
Nippon Steel Corp. clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts to win over workers and politicians for its bid to buy the Pittsburgh-based steelmaker.
US Says Review of Nippon-US Steel Tie-Up Ongoing as US Steel Shares Tumble
(Reuters) - U.S. President Joe Biden plans to formally block Nippon Steel's proposed takeover of U.S. Steel on national security grounds once the multi-billion dollar deal is referred back to him later this month, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Nippon Steel plegdes $5,000 worker bonus
Nippon Steel offering U.S. Steel employees $5,000 bonuses that union calls bribery
Nippon Steel is offering nearly $100 million in closing bonuses, including of $5,000 to union employees. The United Steelworkers union, which has been staunchly opposed to a deal it fears will weaken domestic steelmaking,
Nippon Steel to give $5,000 closing bonus to U.S. Steel employees in the U.S.
Nippon Steel (NPSCY) announced a commitment to reward U.S. Steel (X) employees in the United States with a closing bonus of $5,000, less
Nippon Steel plegdes $5,000 worker bonus after U.S. Steel acquisition
Nippon Steel Corp. pledged Wednesday to pay $5,000 to each United States Steel Corp. employee as a one-time "closing bonus" if the Japanese steelmaker is permitted to complete its controversial acquisition of the American firm.
3h
SSAB: Difficult To Forecast The Future In Steel, But Appealing Below 50 SEK
SSAB AB (SSAAF) faces significant volatility and negative growth, with EPS expected to drop through 2025. See why I maintain ...
4h
India announces formula for classifying green steel
India's steel ministry on Thursday announced a formula for defining 'green steel,' classifying it under three categories ...
22h
U.S. Steel's Proposed $14.9 Billion Merger With Nippon Steel
Here's a timeline of events leading up to the deal between the two steelmakers: Nippon Steel, citing national security ...
23h
on MSN
President Biden reportedly set to block sale of Pittsburgh's U.S. Steel to Japan-based Nippon Steel
President Joe Biden is reportedly preparing to block the sale of U.S. Steel to Nippon Steel. As of Wednesday morning, a U.S.
4h
on MSN
India considers 'safeguard' duty on steel, minister says
India is weighing imposition of a "safeguard duty", or a temporary tax, on steel, the steel minister, H.D. Kumaraswamy, said ...
2d
Impasse deepens over U.S. Steel takeover as government review nears end
Face-to-face talks between Nippon Steel and the United Steelworkers union failed to close the gap over the Japanese company’s ...
1h
on MSN
What’s driving the possible closure of Crucible steel plant in Geddes? Company is staying mum
Crucible President John Shiesley has not returned calls seeking comment since telling workers in a letter last week that the ...
The Fabricator
1d
A better idea than tariffs to help the steel industry
A better idea would be for the federal government to use price supports for steel, like it does for farmers. When the price ...
22h
Thyssenkrupp labour leader demands clarity from Kretinsky on steel JV plans
Workers at Thyssenkrupp's steel unit are demanding clarity from co-owner Daniel Kretinsky over his strategy for the division, ...
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