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U. S. Steel

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U. S. Steel: Nippon Steel Merger Will Bring Significant Economic Gains to Pennsylvania

02 October 2024 - United States Steel Corporation estimates that a promised investment in its Mon Valley Works would translate into nearly US$1 billion in incremental economic impact to Pennsylvania over the next two years. 

Harris: Domestic Ownership of U. S. Steel Trumps Potential Job Losses 

26 September 2024 - U.S. presidential candidate Kamala Harris on Wednesday reiterated her support for a domestically owned United States Steel Corporation, saying that control of the company outweighs the potential for job losses, reports the Bloomberg news service. 

Arbitration Panel Rules For U. S. Steel in Merger Dispute 

25 September 2024 - Arbitrators have sided with United States Steel Corporation in a union dispute over the execution of its planned merger with Nippon Steel Corp. 

In a First, Big River Earns Right to Market ResponsibleSteel Certified Steel 

24 September 2024 - United States Steel Corporation’s  Big River facility has qualified to sell steel under the ResponsibleSteel Certified Steel banner, the first in the world to do so, the company has announced. 

Nippon Steel to Sell Stake in POSCO 

24 September 2024 - Nippon Steel Corp. will divest its US$823 million stake in South Korea’s POSCO Holdings Inc., a move that it says will “improve asset efficiency through asset compression.”

Report: Decision on U. S. Steel Acquisition Likely to Come After Election 

18 September 2024 - Nippon Steel Corp. has won permission to refile its plan for acquiring United States Steel Corporation, an action that will likely delay a decision on the merger until after the November election, reports the Bloomberg news service. 

U. S. Steel Brings New Corrosion-Resistant Product to Market 

11 September 2024 - United States Steel Corporation has launched sales of corrosion-resistant, carbon flat-rolled steel that it calls ZMAG. 

  U.S. Flat-Rolled Producers Lodge Dumping Complaint Over Corrosion-Resistant Sheet

09 September 2024 - Several U.S. steel producers and the United Steelworkers union have filed dumping complaints with the Commerce Department over imports of corrosion-resistant steel from several countries. 

Harris Joins Biden in Opposing U. S. Steel Sale

03 September 2024 - U.S. Vice President Kamala Harris said she disapproves of Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, arguing that the company should remain domestically owned. 

Nippon Steel Promises Additional Investment in Mon Valley, Gary Works

29 August 2024 - Nippon Steel Corp. plans to invest an additional US$1.3 billion, if not more, in United States Steel Corporation’s Mon Valley and Gary works, should it finalize its acquisition of the iconic American steelmaker. 

Trump Again Pledges to Halt U. S. Steel-Nippon Steel Deal 

21 August 2024 - Donald Trump reiterated a campaign promise to block Nippon Steel Corp.’s acquisition of United States Steel Corporation during a campaign stop in central Pennsylvania.