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Nippon Steel to sell $211 mln in assets to manage debt amid U.S. Steel deal
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the Nikkei quoted its vice chairman as saying on Friday, as it waits to know the fate of its $14.
What is the Nippon-US Steel deal, and why are Trump, Biden, Harris all against it?
The multi-billion dollar sale of U.S. Steel to Japan-based Nippon Steel has drawn opposition from the White House and both parties. What to know.
White House delays decision on Nippon-U.S. Steel deal
Many American politicians have opposed this deal over concerns about union labor, domestic steel supplies and national security.
U.S. Steel, Nippon get extension from national security panel on deal decision
The U.S. national security panel reviewing a $14.9 billion sale of U.S. Steel to a Japanese firm has extended its decision deadline, likely ensuring the proposal will live past the Nov. 5 election. Several outlets have reported the Committee on Foreign Investment in the United States,
14h
on MSN
India's Tata Steel invests $3.23 billion to expand crude steel capacity
India's Tata Steel has invested 270 billion rupees ($3.23 billion) to expand crude steel capacity at its facility in the ...
Opinion
4d
on MSN
Opinion
How U.S. Steel Got Rolled
The move to block a Japanese company from buying the American manufacturer puts political expediency ahead of industrial ...
3d
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese ...
The Economist
3d
Chinese overcapacity is crushing the global steel industry
E ach year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year ...
2d
on MSN
US decision on Nippon bid for US Steel pushed back to after Nov election, sources say
The U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S. Steel let the companies refile their ...
Opinion
5d
Opinion
Biden May Sabotage the Steel Industry
Nippon Steel wants to save U.S. Steel. The only thing that may stop it is politics.
E&E
1d
‘Green’ steel failing to get traction with automakers, report says
The analysis from the International Council on Clean Transportation comes as climate law funding for the industry is under ...
4d
Acquisition Chatter Heats U.S. Steel
United States Steel stock surged nearly 9% during Wednesday’s trading, recovering somewhat from more than a 30% correction in ...
Opinion
15h
Opinion
Don’t be afraid of Nippon Steel
The problem with playing chicken is that in most cases, both players lose. Take, for example, the chicken scene in the movie Rebel Without a Cause in which Jim Stark bails out of his car first, ...
2h
Eric Roberts give thumbs down to Julia Roberts’ star turn in ‘Steel Magnolias’
Julia was good in ‘Mystic Pizza,’ great in ‘Pretty Woman,’ but not so much in ‘Steel Magnolias,'” Eric Roberts writes in his ...
2d
British Steel reveals losses deepened eightfold
British Steel has announced an eightfold increase in pre-tax losses during 2022 as concerns mount about the future of the ...
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