Activist shareholder Ancora challenges U.S. Steel's Nippon deal, proposes new board and CEO to invest in Mon Valley Works and boost performance.
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FOX 2 Detroit on MSNTrump: US Steel will get investment from Nippon Steel, instead of being bought by itNippon Steel in December 2023 made what was a nearly $15 billion bid to buy U.S. Steel, creating a sudden political issue in ...
The facility aims to boost U.S. steel independence as the Trump administration announces tariffs on the commodity.
WASHINGTON — President Donald Trump on Friday suggested that Nippon Steel would no longer buy U.S. Steel as planned, but the Japanese company would instead invest in the symbolically important ...
Cleveland-Cliffs stands out in the steel sector with leadership, integration, and growth potential, benefiting from tariffs ...
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President Trump says Japan's Nippon Steel will invest new technology in U.S. Steel after President Biden blocked an acquisition last month. The Gary mayor said he's happy the chances for some sort of ...
Andrew Fulton walks through U.S. Steel’s new Keetac DR-grade pellet plant at the Iron Range on May 22, 2024 in Keewatin, Minn. (Angelina Katsanis/The Minnesota Star Tribune) ...
(AP Photo/Eugene Hoshiko) FILE - A staff enters doorway next to Nippon Steel logo at the company's Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024. (AP Photo/Ayaka McGill, File) FILE ...
Melton, speaking with ABC7 fresh off the phone with Nippon Steel, is excited for what, he says, could be a huge impact on U.S. Steel's Gary plant, the city's largest employer of more than 4,800 ...
U.S. Steel defends merger with Nippon Steel, cites shareholder support ... including $1 billion for the Mon Valley Works plant. Ancora, the activist investor, is gearing up for a proxy battle ...
A United States Steel Corp. plant is seen in the U.S. state of Michigan ... Holdings' proposal for a board shakeup aimed at thwarting Nippon Steel Corp.'s plan to buy out the U.S. steelmaker.
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