U. S. Steel
Latest News
Report: Nippon Steel to Invest In, Rather Than Buy, U. S. Steel
07 February 2025 - President Donald Trump on Friday said Nippon Steel Corp. would drop plans to acquire United States Steel Corporation and instead invest in the company.
USW President Seeks Dismissal of U. S. Steel Lawsuit
05 February 2025 - The president of the United Steelworkers union has asked a judge to toss out a lawsuit against him, calling it frivolous, reports the Reuters news service.
Investment Firm Seeks to End Nippon Steel Merger
27 January 2025 - A Cleveland investment firm has launched a proxy battle over United States Steel Corporation, arguing that the Nippon Steel merger should be abandoned and that its future should be as a stand-alone entity.
Cleveland-Cliffs CEO Restates Interest In Buying U.S. Steel
13 January 2025 - With the United States Steel Corporation - Nippon Steel merger heading to court, Cleveland-Cliffs Inc. chief executive officer said he wants to buy the company, should the deal ultimately fail.
McConnell: U. S. Steel Decision Is a Disservice to the Country
09 January 2025 - President Joe Biden’s decision to block the sale of United States Steel Corporation is a gift to organized labor that comes at the country's expense, U.S. Senate Minority Leader Mitch McConnell wrote in Wednesday’s The Wall Street Journal.
Nippon Steel Chairman: No Reason to Give Up on U. S. Steel Deal
07 January 2025 - Nippon Steel Corp. has but one plan for its blocked acquisition of United States Steel Corporation — fight the decision in court.
U. S. Steel, Nippon Steel File Lawsuits Over Blocked Merger
06 January 2025 - United States Steel Corporation and Nippon Steel Corp. are appealing President Joe Biden's disapproval of their planned merger and suing the United Steelworkers union president as well as rival Cleveland-Cliffs Inc., contending that they colluded to thwart the deal.
Labor Caucus Tells Biden to “Repudiate” U. S. Steel Deal
18 December 2024 - The Congressional Labor Caucus has written to U.S. President Joe Biden, asking him to strongly repudiate Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, the Bloomberg news service reports.
Bloomberg Report Says Biden Intends to Halt U. S. Steel Deal
11 December 2024 - President Joe Biden plans to follow through on a pledge to block Nippon Steel Corp.’s acquisition of United States Steel Corporation, according to a Bloomberg report.