Search results
Results from the WOW.Com Content Network
The United States Steel Corporation is an American steel company based in Pittsburgh, Pennsylvania, with production facilities in the U.S. and Central Europe.. The company produces and sells steel products, including flat-rolled and tubular products for customers in industries across automotive, construction, consumer, electrical, industrial equipment, distribution, and energy.
On top of that, Nippon Steel announced another $1.4 billion investment in U.S. Steel’s key facilities at Mon Valley, Pa. and Gary, Ind. Additionally, Nippon offered an additional 10-year ...
Labor groups applauded while businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel ...
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security ...
FILE - The United States Steel Mon Valley Works Clairton Plant in Clairton, Pa., is shown on Feb. 26, 2024. (AP Photo/Gene J. Puskar, File) (ASSOCIATED PRESS)
U.S. Steel, formed by J. P. Morgan's merger of Carnegie Steel with other steel producers, was once the largest company in the United States. [23] The Pittsburgh-based steelmaker had held the record for the largest initial public offering of any company in history—becoming the first billion-dollar company—and was added to the Dow Jones Industrial Average on its first day of public trading ...
While CEO of United States Steel in 2008, John P. Surma earned a total compensation of $11,130,689, which included a base salary of $1,218,336, a cash bonus of $3,250,000, stocks granted of $4,174,028, options granted of $2,233,336, and other compensation of $254,989.
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel on Friday — something he had first vowed to do in March. With roots dating to the late 19th century ...