US foreign investment panel split on Nippon-US Steel deal, FT reports The US Treasury has informed Japan’s Nippon Steel that the panel reviewing its proposed $14.9 billion purchase of US... Published 15 Dec, 2024 10:42am
Business & Finance Indian steel mills feel crunch from cheap Chinese imports India’s construction boom with its gleaming highrises and multilane highways was supposed to drive up domestic steel... Published 04 Dec, 2024 11:12am
Business & Finance Trump reiterates opposition to Nippon Steel’s takeover of US Steel US President-elect Donald Trump said on Monday a series of tax incentives and tariffs will revive storied American... Published 03 Dec, 2024 12:33pm
World US decision on Nippon bid for US Steel pushed back until after election WASHINGTON: The US national security panel reviewing Nippon Steel’s $14.9 billion bid for US Steel let the companies... Published 18 Sep, 2024 08:49am
World US warned Nippon its US Steel bid poses a national security risk, sources say WASHINGTON: The Biden administration told Nippon Steel in a letter on Saturday its $14.9 billion acquisition of US... Published 05 Sep, 2024 10:09am
World EU clears $14.9bn purchase of US Steel by Japan’s Nippon BENGALURU: The European Union cleared US Steel’s $14.9 billion buyout by Japan’s Nippon Steel on Monday, ... Published 07 May, 2024 07:41am
Business & Finance Biden expresses opposition: Nippon Steel intends to pursue US Steel deal TOKYO: Nippon Steel intends to pursue its proposed acquisition of US Steel and wants its “deep roots” in the... Published 01 Apr, 2024 05:34am
Business & Finance Automakers urge White House to oppose US Steel sale to Cleveland-Cliffs WASHINGTON: A group representing major automakers on Friday urged the White House to oppose any effort by steelmaker... Published 30 Mar, 2024 07:24am
Markets Nippon Steel says no layoffs, no plant closures at US Steel till 2026 TOKYO: Japan’s Nippon Steel said on Friday that under its proposed takeover of US Steel there would be no layoffs... Published 15 Mar, 2024 11:04am
Business & Finance Japan’s Nippon Steel to buy US Steel in $14.9bn deal TOKYO: Japan’s Nippon Steel said on Monday it would buy US Steel in a deal valued at $14.9 billion, helping it add... Published 19 Dec, 2023 05:20am