News

EXCLUSIVE – MEYERSDALE, Pennsylvania — Gov. Josh Shapiro (D-PA) said the deal between US Steel and Nippon Steel announced last Friday by President Donald Trump is a game changer on multiple ...
US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has never ...
The days may be numbered for US Steel Corp., a one-time backbone of the nation’s economy. Once US Steel was the most valuable company in the world. Now, it’s the subject of a bidding war among ...
Nippon Steel’s $14.9 billion acquisition of US Steel closed on Wednesday, the companies said, confirming an unusual degree of power for President Trump after the Japanese company’s 18-month ...
“The Golden Share held by the United States in U.S. Steel has powerful terms that directly benefit and protect America, Pennsylvania, the great steelworkers of U.S. Steel, and U.S. manufacturers ...
US Steel was once a symbol of American industrial dominance. It was the most valuable company in the world and the first to be worth $1 billion, soon after its creation in 1901. It was also ...
US Steel had argued that Nippon, the largest steel company in Japan, was needed to increase its production capacity after the company suffered several setbacks.
It was recently announced that US Steel will be acquired by Tokyo-based Nippon Steel for a measly $14.1 billion , ending the former’s 122 year history as a former US industrial powerhouse. Ye… ...
TRUMP’S US STEEL DEAL IS A WIN FOR AMERICA The Trump administration successfully worked with Nippon Steel to write up terms that will ensure the U.S. is still in control of U.S. Steel and also ...
United States Steel Corporation is a major global steel company, with 79% of its revenue coming from the US and 21% from Europe. Nippon offered to purchase U.S. Steel at $55.0 per share, a 40% ...
By 1955, thanks in part to technical advances, the United States supplied about 40% of world demand for steel. During the decades to come, however, steel demand began to ebb and competition grew ...
The Trump administration revealed some more insight into the "golden share" arrangement being made with Nippon Steel and U.S. Steel. The deal would give the president final say on relocating U.S ...