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Steel industry experts react to Nippon Steel, U.S. Steel deal
Gary Mayor Eddie Melton has been supportive of a deal between Nippon and U.S. Steel for months, citing how it would benefit Gary Works. In August, it was announced that Nippon Steel would invest $300 million into the local facility. A Nippon executive later said the company would invest $1 billion into Gary Works.
The U.S. government will have veto power over key decisions relating to U.S. Steel , as part of a deal with Nippon Steel that ...
The onetime dynamo is fighting to revive a takeover by Nippon Steel ... a spokeswoman for U.S. Steel, said in a statement. U.S. Steel primarily makes flat-rolled sheet steel, which goes ...
So in the face of increasingly tough competition both domestic and foreign, US Steel started to look for a buyer. Late last year it found one in Nippon Steel ... like sheet or plate metal or ...
After months of signaling disapproval of Nippon Steel’s $14.9 billion bid to acquire U.S. Steel, President Biden deferred his decision on the fate of that deal until after the election.
You can find him on X @DanGooding. Languages: English. Nippon Steel, the company that President Joe Biden reportedly blocked from buying United States Steel on Friday, said it was "dismayed" by ...
TOKYO (Reuters) -Japan's Nippon Steel is considering proposing a bold change in plan from its previous approach of seeking to buy U.S. Steel, Chief Cabinet Secretary Yoshimasa Hayashi said on ...
Nippon Steel is looking to revive its plan to purchase iconic American steelmaker US Steel, despite President Donald Trump’s statements earlier this month that it is only interested in an ...
Nippon Steel Corp. will exit a joint venture in China as its top customers — Japanese automakers — struggle to maintain market share in Asia’s biggest economy. Baoshan Iron & Steel Co ...
By Kaori Kaneko, Kantaro Komiya and Alexandra Alper TOKYO/WASHINGTON (Reuters) -The U.S. government will have veto power over ...
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