Focus on US Steel
Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, CNBC reported on Monday, citing sources.
Japan PM asks Biden to allay concerns over Nippon Steel-US Steel deal
Japan PM urges Biden to ease business worries over Nippon Steel's U.S. Steel bid amid continued maritime and economic security talks.
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
Biden delays enforcing Nippon Steel’s $14.9B U.S. Steel sale block, pending courts review legal challenge over national security.
China exports push Nippon Steel to seek growth in US, India after blocked deal
Nippon Steel eyes U.S. and India for growth, countering China’s exports amid declining domestic demand and blocked U.S. bid.
U.S. Steel, Nippon sue Biden administration over decision to block merger
Nippon Steel sues Biden, alleging constitutional violations in $14.9B U.S. Steel deal block over national security claims.
Nippon Steel offers US government veto power in bid for US Steel approval, source says
Nippon Steel has proposed giving the U.S. government veto power over production cuts at U.S. Steel to secure Biden's approval for their acquisition.
Japan’s Nippon Steel extends closing date for U.S. Steel acquisition
Nippon Steel extended its $15 billion U.S. Steel acquisition closing to Q1 2025, awaiting President Biden's decision amid skepticism.
US panel could not reach consensus on US-Japan steel deal: Nippon
The deadlock means the controversial $14.9 billion transaction will now be referred to President Joe Biden, who is legally required to act within...
Explainer: What next for Nippon Steel and US Steel’s $15 billion mega-merger?
U.S. Steel's $15B Japanese takeover hangs in the balance as Biden weighs national security risks amid political pushback.
