Lorain hopes new US Steel owner will reopen idled plant - wkyc.com
Dec 20, 2023 · LORAIN, Ohio — U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Japan-based Nippon Steel in an all-cash deal valued at...
Tokyo’s Nippon Steel to buy U.S. Steel for $14.1 billion, nearly …
Dec 18, 2023 · CLEVELAND, Ohio — U.S. Steel announced Monday that it would be acquired by Tokyo-based Nippon Steel for $14.1 billion, nearly double what Cleveland-Cliffs offered in August. U.S....
US Steel sale to Nippon blocked; what it means for Cleveland-Cliffs
Jan 3, 2025 · President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing national security reasons.
New player arrives in US Steel-Nippon takeover saga with the …
Jan 27, 2025 · U.S. Steel filed a separate federal lawsuit against the Ohio steelmaker and its CEO Lourenco Goncalves, as well as David McCall, the head of the U.S. Steelworkers union, accusing them of “engaging in a coordinated series of anticompetitive …
Cleveland-Cliffs reiterates offer to buy mills U.S. Steel is ...
Sep 6, 2024 · Cleveland-Cliffs is reiterating its interest in buying unionized mills that U.S. Steel is threatening to close should its takeover by Japan's Nippon Steel get blocked by President Joe Biden.
Another Northeast Ohio company steps forward to save U.S. Steel
Jan 27, 2025 · An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.
With Nippon Deal Blocked, What's Next for US Steel? - Investopedia
Jan 3, 2025 · President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have vowed to challenge the decision and continue pursuing the deal.
Facts Not Fiction: Update on Proposed Sale of U.S. Steel
Dec 29, 2023 · We all know that USS has a history of broken commitments, including shutting down steelmaking and other operations at both Great Lakes and Granite City. They broke their promise of more than $1 billion in new and updated technology in the Mon Valley, and instead decided to buy Big River.
Ohio lawmakers seek review of Japanese company’s U.S. Steel …
Jan 3, 2024 · A bipartisan group of U.S. House of Representatives members including several Ohioans want the Biden administration to examine how U.S. Steel’s acquisition by a Japanese company would...
American Competitor Signals Possible New Bid for U.S. Steel
Jan 13, 2025 · A U.S. Steel plant in Braddock, Pa. The fresh bid by Cleveland-Cliffs comes less than two weeks after President Biden blocked a $14 billion takeover of U.S. Steel by Nippon Steel.