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A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the stock on the last trading day of the year. The news item that got the ...
President Trump announed 25 percent tariffs on steel and aluminum on Monday, adding that he would also kick off reciprocal tariffs in the days after. Trump said that the steel and aluminum tariffs ...
Nippon's $14.9 billion bid in late 2023 represented a nearly 40% premium to U.S. Steel's share price at the time. Most recently, President Biden blocked Nippon's $55-per-share cash bid on national ...
U.S. stocks closed higher as investors snatched up aluminum and steel shares on President Trump's plan for a 25% ... The New York Stock Exchange is seen during morning trading on February 03, 2025 ...
A few hours after the American stock markets closed on Monday night, President-elect Donald Trump announced that he was "totally against" the sale of U.S. Steel to a Japan-based competitor. "As ...
Like Biden, Trump has opposed the sale of Pittsburgh-based U.S. Steel, the nation's second-largest steel manufacturer, to Nippon, which had reached an agreement to buy the company for $14.9 billion.
China now makes more than half of the world’s steel, followed by India, Japan, and the United States. Nippon Steel is the world’s fourth-biggest steelmaker, while US Steel is 24th. Since 2010 ...
United States Steel (NYSE: X) announced an agreement to be acquired late last year. Nippon Steel's $14.9 billion offer represented a nearly 40% premium to U.S. Steel's share price at the time. U.S ...