A new rival bid for US Steel is emerging

A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden
The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday. Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs,
Japanese Prime Minister raises concerns with Biden over his move to block Nippon Steel deal for US Steel
Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel’s 5401.T planned acquisition of U.S.
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
US extends deadline on Nippon's bid for US Steel, offering some hope that the deal is not dead
The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied Pittsburgh company after President Joe Biden blocked the deal.
Japan PM asks Biden to allay concerns over Nippon Steel-US Steel deal
By Kevin Buckland and Kiyoshi Takenaka TOKYO (Reuters) -Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel's planned acquisition of U.
New bidder challenges Nippon in acquisition of U.S. Steel as Biden administration extends deadline
The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows by Biden and Trump from the campaign trail in a critical battleground state to block the deal.
US Steel Launches ‘Longshot’ Attack on Union in Merger Fallout
A US Steel Corp. lawsuit against the United Steelworkers president and a rival manufacturer is likely to fail in court using ...
Cleveland2d
If Cleveland-Cliffs acquires US Steel, its CEO says the headquarters of the new company would be in Pittsburgh
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not ...
WTOV Steubenville on MSN4d
Cleveland-Cliffs aims to become largest U.S. steelmaker with U.S. Steel acquisition
Cleveland-Cliffs Corporation marked the fifth anniversary of its acquisition of AK Steel with a news conference where CEO ...
CNN12d
US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger
US Steel and Nippon ... said that Biden had “ignored the rule of law to gain favor with … (the United Steelworkers union) and support his political agenda.” In addition to the suit seeking ...
The Washington Post12d
Nippon Steel and U.S. Steel sue Biden administration over blocked deal
the president of the United Steelworkers union, for allegedly interfering with Nippon Steel’s plans to buy the American company. That lawsuit, filed in U.S. District Court for the Western ...
Newsweek11d
US Steel, Nippon Sue Biden for Blocking $15 Billion Deal
The lawsuit also accuses the United Steelworkers union president and a competing steelmaker of collaborating to derail the deal. President Joe Biden blocked the deal between Nippon and U.S.
Wilson Center4d
Rejection of Nippon-US Steel Deal Demonstrates Need for Better National Security Guidelines
The argument is even less credible considering Japan hosts more than 50,000 US troops and in 2023 changed its laws so ...
Local steelworkers hoping U.S. Steel’s deal with Nippon Steel goes through
Local steelworkers are holding out hope that the U.S. Steel sale with Nippon Steel goes through. This week Cleveland Cliffs ...
Gov. Shapiro hopeful for jobs-saving resolution to U.S. Steel saga
My sole focus has been on protecting the jobs that exist today and, most importantly, having a clear path on investment so ...
Yahoo Finance13d
This week in Bidenomics: Stranded steelworkers
Nippon tried to improve its offer by assuring the influential steelworkers union ... the takeover by Japan's Nippon Steel, on September 4, 2024. United States Steel warned Wednesday it could ...
American Competitor Signals Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...