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Hace 5 días · TOKYO, May 9 (Reuters) - Japan's top steelmaker, Nippon Steel (5401.T) , opens new tab, is sticking to its plan to close a deal by year-end to buy U.S. Steel (X.N) , opens new tab, which it ...
Hace 5 días · U.S. Steel has been fined more than $20 million for Clean Air Act violations at its Pittsburgh-area facilities since 2018, and the company recently settled a lawsuit for about $25 million with environmental advocacy groups over more than 12,000 air permit violations in the region.
Hace 20 horas · U.S. Steel shareholders have overwhelmingly approved the company's sale to Nippon Steel of Japan for $14.1 billion in cash, voicing unequivocal support for a combination that has drawn opposition from the Biden administration on economic and national security grounds. More than 98% of the shares voted at a special investor meeting Friday ...
Hace 4 días · Biden said in March that U.S. Steel, based in Pittsburgh and with extensive operations here, should remain domestically owned and operated. Three Republican senators have urged President Biden to ...
Hace 4 días · U.S. Senators Marco Rubio (R-FL), J.D. Vance (R-OH), and Josh Hawley (R- MO) sent a letter to President Joe Biden regarding his position on the sale of U.S. Steel to Nippon. “For weeks you have maintained that ‘it is vital for [U.S. Steel] to remain an American steel company that is domestically owned and operated.’.
Hace 3 días · Image Credit: Shutterstock / oasis2me. The Nippon Steel and US Steel deal is both a diplomatic and political challenge, drawing intense scrutiny from lawmakers, multinational corporations, and ...
Hace 5 días · He has already declared that he would block the sale of U.S. Steel. We urge you to summon the courage to do the right thing. Declare whether you will exercise your presidential authority to prohibit or suspend the sale of U.S. Steel to Nippon. Sincerely, Josh Hawley United States Senator J.D. Vance United States Senator Marco Rubio United ...
