Nippon Steel News

Ancora Challenges US Steel: Ditch Nippon Deal and Secure a $565 Million Fee

Ancora Holdings Group has called on US Steel to abandon its efforts to revive a failed acquisition deal with Nippon Steel, suggesting instead to collect a $565 million termination ...

Ancora Challenges US Steel to Rethink Nippon Deal Amid Trump's Opposition

Ancora Holdings Group urges US Steel to abandon the Nippon Steel deal, citing President Trump's opposition and suggesting a $565 million termination fee instead. Criticism of US St...

US Steel Stocks Skyrocket 11% in Premarket After Trump's Tariff Announcement

US Steel shares surged 11% in premarket trading after President Trump announced a 25% tariff on steel and aluminum imports. The tariff applies to all countries, with no effective d...

Ancora Holdings Advocates for US Steel to Reject Nippon Deal, Citing Trump's Opposition

Ancora Holdings Group urges US Steel to abandon the Nippon Steel deal, citing President Trump's opposition and suggesting a $565 million termination fee instead. The group criticiz...

Toyota Eyes Expansion in the US Amid Trade Talks Between Japan and Trump Administration

Japanese Prime Minister Shigeru Ishiba and US President Donald Trump discussed enhancing economic ties, focusing on Toyota's potential US investment and addressing the trade defici...

President Trump to Discuss Steel and Logistics Future with US Steel and FedEx Leaders

President Donald Trump is set to meet with leaders from US Steel and FedEx to discuss key issues in the steel and logistics sectors, amidst legal battles over a blocked $14.9 billi...

Cleveland-Cliffs CEO Confident in Financing $7 Billion Bid for US Steel

Cleveland-Cliffs Inc. CEO Lourenco Goncalves is confident in financing a $7 billion bid for US Steel, with plans ready if Nippon Steel's deal collapses. He's backed by major financ...

Dow Surges 250 Points at Opening: A Deep Dive into Market Data and Rivian's Stellar Performance

Major U.S. stock markets opened higher, with Rivian Automotive surging 5.58% after exceeding Q4 delivery expectations. President Biden blocks Nippon Steel's bid for US Steel, while...

President Biden Blocks Nippon Steel's $14.9 Billion Acquisition of US Steel

President Biden has blocked Nippon Steel's $14.9 billion acquisition of US Steel, citing national security and supply chain risks. The decision underscores the importance of keepin...

US Steel Shares Plunge Over 7% Amid Failed Nippon Steel Acquisition Deal

US Steel's stock fell over 7% following the collapse of its acquisition deal with Nippon Steel, after President Biden decided to block the sale. The market reacted sharply, highlig...

President Biden Moves to Block Nippon Steel's Acquisition of US Steel Amid National Security Concerns

President Biden is reportedly set to block the sale of US Steel to Nippon Steel, citing national security concerns and potential impacts on domestic production. Nippon Steel's rece...

US Security Panel's Uncertainty Over Nippon Steel's Acquisition of U.S. Steel

The U.S. Treasury has informed Nippon Steel that the panel reviewing its proposed purchase of U.S. Steel has not yet reached an agreement on addressing security concerns, according...

Trump Vows to Revive US Steel with Tax Incentives and Tariffs

U.S. President-elect Donald Trump opposes the acquisition of U.S. Steel by Nippon Steel of Japan, vowing to revitalize the American steel industry through tax incentives and tariff...