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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 ...
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
The $14.9 billion sale of iconic steelmaker US Steel to Japan’s Nippon Steel ends months of speculation over industry consolidation in a move criticized by union workers, but seen by one analyst ...
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 ...
Nippon Steel and US Steel said Biden voiced his opposition before a formal formal review of the purchase by the government even began, in an effort to "curry favor" with a trade union during his ...
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The ...
The United States is also a major importer of iron and steel, as well as iron and steel products. Employment as of 2014 was 149,000 people employed in iron and steel mills, and 69,000 in foundries. The value of iron and steel produced in 2014 was $113 billion. [ 2 ]
US Steel’s potential acquisition by a Japanese rival steelmaker may face pushback by the US government, according to comments made by US Commerce Secretary Gina Raimondo.