Cleveland Cliffs (CLF), another American steelmaker, is collaborating with its peer, Nucor (NUE), on a potential bid for U.S. Steel, CNBC reported today. Under the possible deal, CLF would buy X ...

Learning how to clean stainless-steel appliances is crucial for anyone who has them. “Stainless steel is like that sleek black car: beautiful when it’s clean and shiny, but often looks dull ...

TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...

The traders, who buy and sell the stock of companies in the middle of mergers and acquisitions, and investors were hanging on every event for a clue to the fate of the sale of United States Steel ...

U.S. Steel’s president and CEO declared President ... and our national security,” David Burritt posted on social platform X, claiming the president was indebted to United Steelworkers ...

The same may be true for Cleveland-Cliffs, likely limiting its ability and interest in buying U.S. Steel. Although X has lost a third ... and its balance sheet health is slightly improved.

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...

Editor's note: This story has been updated with comments from X and Nippon Steel in paragraph six. President Joe Biden announced on Friday his decision to block the $14.9 billion acquisition of ...

President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to three people with knowledge of the matter, ending a $14.1 billion deal ...

The acquisition was controversial as some argued foreign ownership over one of America’s largest steel producers posed a threat to national security. U.S. Steel’s stock plunged more than 7% in ...