US Steel News

US Markets Rally Premarket Following Trump's New Tariff Announcement on Steel and Aluminum

US stocks saw a premarket rally following President Trump's announcement of new tariffs on steel and aluminum imports, with US Steel shares jumping 11%. Gold hit a record high of $...

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 ...

Wall Street Rises as Trump's Metal Tariffs Spark Market Optimism

Wall Street opened higher following President Trump's announcement of new tariffs on steel and aluminum imports, boosting US Steel and gold values. McDonald's also reported its Q4 ...

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...

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...

US Markets Rally Premarket Following Trump's Announcement of New Steel and Aluminum Tariffs

US stocks traded higher premarket after President Trump announced a 25% tariff on steel and aluminum imports, causing US Steel shares to surge 11%. Gold prices hit a record high, a...

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...

Toyota Eyes Expansion: Japanese Prime Minister Reveals Plans for Increased US Investment

Japanese Prime Minister Shigeru Ishiba announced Toyota's plans to increase investments in the US during a meeting with President Trump. Discussions also covered the US-Japan trade...

Toyota Eyes Expansion in US: A Strategic Move Amid Trade Talks

Japanese Prime Minister Shigeru Ishiba and US President Donald Trump discussed Toyota's potential investment in the US, trade deficits, and the US Steel deal, signaling a possible ...

Toyota Eyes Expansion in the US, Says Japanese PM Amid Trade Talks with Trump

Japanese Prime Minister Shigeru Ishiba announced Toyota's plans to increase investments in the US during a meeting with President Trump, who also discussed trade deficits and the U...

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

Japanese Prime Minister Shigeru Ishiba announced Toyota's plans to increase investments in the US during a meeting with President Trump, amidst discussions on trade deficits and th...

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...

Nippon Steel Challenges Biden Administration in Court Over Blocked US Steel Deal

Nippon Steel Corp. is taking the Biden administration to court over the blocked acquisition of US Steel Corp., alleging unfair review processes and political interference. The tria...

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...

Cleveland-Cliffs and Nucor Eye $7 Billion Takeover of US Steel Amid National Security Concerns

Cleveland-Cliffs Inc. and Nucor Corporation are preparing a $7 billion bid for US Steel, valuing its shares at $38 each. This move comes after the White House blocked Nippon Steel'...

Trump Claims Tariffs Will Revitalize US Steel, Making It More Profitable and Valuable

President-elect Donald Trump believes his proposed tariffs will boost US Steel's profitability and value, countering President Biden's blockage of a Nippon Steel acquisition. Trump...

Legal Showdown: Nippon Steel and US Steel Challenge Biden's Block on $14.9B Merger

Nippon Steel and US Steel have filed lawsuits against President Biden's decision to block their $14.9 billion merger, claiming it would enhance US national security and strengthen ...

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 Stock Market Shows Resilience Ahead of Crucial Manufacturing Data Release

The US stock market shows signs of recovery premarket, with Tesla and US Steel making headlines. Investors await the ISM December report on the manufacturing sector, following S&P ...

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...

Nippon Steel Adjusts Timeline for US Steel Takeover to Early 2025

Nippon Steel has revised the expected closure date of its $15 billion acquisition of US Steel to the first quarter of 2025, urging President Biden for a fair evaluation amidst poli...

Biden's Decision Could Seal Nippon Steel's $15 Billion Deal with US Steel

Nippon Steel's $15 billion bid for US Steel is pending as the Committee on Foreign Investment in the United States (CFIUS) reaches a deadlock. President Joe Biden now has the final...

Nippon Steel Criticizes Political Interference in US Deal

Nippon Steel criticizes political interference in its planned acquisition of US Steel, valued at $14.9 billion. The deal is under review by a Washington body, with reports suggesti...