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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.
Nippon Steel to Get Extension, Pushing Deal Review Past US Election
A US security panel has granted Nippon Steel Corp. permission to refile its plans to purchase United States Steel Corp., for $14.1 billion, likely pushing a decision on the politically contentious takeover past the US elections in November,
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.
Nippon Steel Gets More Time for U.S. Steel Deal Review
A decision on the national security review is potentially pushed out until after November’s presidential vote.
US decision on Nippon bid for US Steel pushed back to after Nov election, sources say
By Jeff Mason, Alexandra Alper and Katya Golubkova WASHINGTON/TOKYO (Reuters) -The U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S. Steel let the companies refile their application for approval of the deal,
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,
2d
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
2d
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 ...
1d
on MSN
U.S. Steel Stock Is Rising. The Politics Are Getting More Muddled.
The shares gained ground after Bloomberg reported that the government will delay a review of the company’s potential takeover ...
Opinion
3d
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 ...
14m
Tata Steel commissions 8 mtpa expansion in Odisha
Tata Steel boosts Kalinganagar plant capacity to 8mtpa with India's largest blast furnace, investing Rs ₹27,000 crore for ...
2d
on MSN
India in talks to tackle rising steel imports, steel minister says
India is in discussions to tackle higher steel imports, Steel Minister H.D. Kumaraswamy said on Wednesday, without sharing ...
2h
Tata Steel more than doubles Odisha plant capacity at Rs 27,000 crore investment
The crude steel capacity at Tata Steel's Kalinganagar plant will now expand from 3 MTPA to 8 MTPA, after an investment of Rs ...
money.rediff
8m
Tata Steel Commissions India's Largest Blast Furnace
Tata Steel has commissioned India's largest blast furnace at its Kalinganagar plant, increasing its production capacity to 8 ...
2d
Steel roses highlight youth homelessness
A new display of 1,800 steel roses has been installed at Sheffield Cathedral to highlight the scale of youth homelessness in ...
3h
Tata Steel underperforms Friday when compared to competitors despite daily gains
Shares of Tata Steel Ltd. 500470 rose 1.64% to 152.05 Indian rupees Friday, on what proved to be an all-around positive ...
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