US Steel: Biden administration gives Nippon Steel more time ...
WEB2 days ago · US Steel put itself up for sale in 2023 after receiving an unsolicited $7 billion takeover offer from Ohio-based Cleveland Cliffs. The $14.9 billion deal with Nippon Steel, Japan’s largest ...
Biden Administration Extends Review Period for Nippon ...
WEB2 days ago · His comments, made at the Detroit Economic Club, came as U.S. Steel has been facing a political storm over Nippon’s $15 billion takeover bid. Top Republicans and Democrats, Mr. Biden, Ms. Harris ...
Latest Steel News - SteelOrbis
WEBSteelOrbis offers the latest independent steel news coverage compiled by its worldwide steel industry network. Approximately 25 fresh news articles on topics most prominently affecting the steel industry at large can be viewed on the steel news pages everyday in four different languages.
Chinese overcapacity is crushing the global steel industry
WEB2 days ago · E ach year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year—is obscured by the fact that most of it stays in the country ...
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WEBNippon Steel 5401.T and U.S. Steel X.N sent a letter on Sunday to U.S. President Joe Biden about their planned $15 billion merger after media reported that he was preparing to block the deal, a spokesperson for the Japanese steelmaker said.
Nippon Steel’s $15 Billion U.S. Steel Takeover Bid Is in ...
WEBAug. 26, 2024. When U.S. Steel put itself up for sale in 2023, executives at Nippon Steel in Tokyo saw an opportunity: Buying the American steel maker could help it offset anemic demand in...
Global steel demand to return to growth in 2024, says World ...
WEBApr 9, 2024 · Global steel demand is expected to rise by 1.7% to 1.793 billion metric tons in 2024 and to increase further in 2025, the World Steel Association said on Tuesday.
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