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Nippon, Steel
Nippon Steel to sell $211 million in assets to manage debt amid U.S. Steel deal
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the Nikkei quoted its vice chairman as saying on Friday, as it waits to know the fate of its $14.
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
Biden administration formally extends review of U.S. Steel deal, pushing decision past election
The Biden administration on Tuesday extended its review of Nippon Steel’s take over of U.S. Steel, effectively pushing a final presidential decision on the matter past Election Day.
Nippon Steel Gets More Time for U.S. Steel Deal Review
A decision on the national security review is potentially pushed out until after November’s presidential vote.
Federal decision on Nippon-US Steel takeover to be pushed back
Japan’s largest steel maker, Nippon, is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off a decision on approving the deal until after the president election.
White House delays decision on Nippon-U.S. Steel deal
Many American politicians have opposed this deal over concerns about union labor, domestic steel supplies and national security.
U.S. Steel, Nippon get extension from national security panel on deal decision
The U.S. national security panel reviewing a $14.9 billion sale of U.S. Steel to a Japanese firm has extended its decision deadline, likely ensuring the proposal will live past the Nov. 5 election. Several outlets have reported the Committee on Foreign Investment in the United States,
4h
on MSN
India's Tata Steel invests $3.23 billion to expand crude steel capacity
India's Tata Steel has invested 270 billion rupees ($3.23 billion) to expand crude steel capacity at its facility in the ...
2d
British Steel reveals losses deepened eightfold
British Steel has announced an eightfold increase in pre-tax losses during 2022 as concerns mount about the future of the ...
7h
on MSN
Bridges get steel protection against flood damage
Two historic bridges have had steel plates fixed to them after they were damaged in floods. Newbridge at Gunnislake and ...
1d
U.S. Steel Powers Through Pricing Pressures, Domestic Demand Holds Strong Despite Global Challenges
United States Steel Corporation (NYSE:X) shares are trading higher on Thursday. The company provided third-quarter 2024 ...
8h
Tata Steel underperforms Friday when compared to competitors despite daily gains
Shares of Tata Steel Ltd. 500470 rose 1.64% to 152.05 Indian rupees Friday, on what proved to be an all-around positive ...
2d
on MSN
India in talks to tackle rising steel imports, steel minister says
India is in discussions to tackle higher steel imports, Steel Minister H.D. Kumaraswamy said on Wednesday, without sharing ...
2d
Companhia Siderurgica Nacional: Leverage And Steel Market Shifts Redefine Outlook
CSN's stock has fallen over 40% this year, with initial optimism fading due to declining iron ore prices and ongoing steel ...
1d
on MSN
Where to Watch and Stream Man of Steel
Looking for something to watch? Look no further, as Man of Steel (starring Amy Adams) is now streaming on Max. Pop some ...
2d
Steel roses highlight youth homelessness
A new display of 1,800 steel roses has been installed at Sheffield Cathedral to highlight the scale of youth homelessness in ...
The Economist
3d
Chinese overcapacity is crushing the global steel industry
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 ...
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