National Steel Corporation

Steel, Biden

Nippon, US Steel Say Biden Blocked Merger Amid ‘Sham’ Review

Nippon Steel Corp. and United States Steel Corp. claimed former President Joe Biden unfairly prejudged their $14.1 billion merger and gave the companies no chance for feedback on a “sham” national security review before he blocked the deal.

Fox Business · 29d

US Steel, Nippon Steel sue Biden admin over blocked acquisition

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.

TribLIVE.com · 1d

U.S. Steel, Nippon argue in court for new federal merger review

U.S. Steel and Nippon Steel laid out their case Monday that then-President Joe Biden hamstrung a national security review to justify blocking the companies’ merger. An opening brief filed in the U.S.

12hOpinion

Ancora Wants To Make US Steel Great Again

The investment firm Ancora is pushing U.S. Steel shareholders to drop the Nippon Steel merger and oust CEO David Burritt, a ...

Nasdaq29d

Do Options Traders Know Something About National Steel (SID) Stock We Don't?

Clearly, options traders are pricing in a big move for National Steel shares, but what is the fundamental picture for the company? Currently, National Steel is a Zacks Rank #5 (Strong Sell ...

devdiscourse7d

NMDC's Vision 2030: Building a Mining Powerhouse

State-owned NMDC is committing Rs 70,000 crore to expand its capacity to 100 million tonnes annually by 2030. During a ...

Crude Oil Prices27d

National Security or Protectionism? Biden Blocks U.S. Steel Sale

President Biden blocked the sale of U.S. Steel to Nippon Steel Corporation, citing national security concerns and opposition from the United Steelworkers union. The failed deal raises concerns ...

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