Stay updated with breaking news from David Mccall. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Nippon Steel Corp. will buy United States Steel Corp. for $14.1 billion to create the world’s second-largest steel company — and the biggest outside of China — with a key
The days may be numbered for an independent, American-owned, US Steel, a one-time backbone of the nation’s economy.
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The transaction is worth about $14.9 billion when including the assumption of debt. The combined company will be among the top three steel-producing companies in […]
A major US union representing steelworkers slammed the deal by Japan's Nippon Steel to buy US Steel Corp for $14.1 billion, which was confirmed on Monday just months after US Steel rejected an offer from its main domestic rival.
Union president says U.S. Steel has a “greedy, shortsighted attitude.”