and promised not to import steel slabs that would compete with the blast furnaces. Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and ...
Boss David Burritt is fighting to salvage a $15 billion sale to Nippon Steel (5401.T), opens new ... invest heavily to move from union-staffed blast furnaces to less labor-intensive electric ...
In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary ...
The Associated Press on MSN18d
Biden administration extends deadline on Nippon Steel’s bid for U.S. SteelJune, was viewed by U.S. Steel and investors as an opportunity for the companies to complete the acquisition, even though ...
18d
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 ...
In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary ...
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