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December 18, 2023 at 1:07 PM. The $14.9 billion sale of iconic steelmaker US Steel ( X) to Japan’s Nippon Steel ends months of speculation over industry consolidation in a move criticized by ...
Chris Isidore, CNN. December 18, 2023 at 7:49 PM. U.S. Steel. US Steel has agreed to be bought by Nippon Steel, Japan’s largest steelmaker, in a $14.1 billion deal. The deal marks the latest ...
U.S. Steel shares closed down 0.5% at $38.94 on Thursday, while Nippon Steel shares closed up 0.9% to 3,463 yen in Tokyo the day prior. (Reporting by Trevor Hunnicutt and Doina ChiacuEditing by ...
Total equity. US$11.047 billion (2023) [6] Number of employees. 21,803 [6] ( 2023) Website. USSteel.com. United States Steel Corporation, more commonly known as U.S. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania, with production operations primarily in the United States of America and in Central Europe.
Cleveland-Cliffs Inc. ( CCI, formerly Cliffs Natural Resources) is an American steel manufacturer based in Cleveland, Ohio. They specialize in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. The company was the world's 25th-largest steel producer and the third-largest in the United ...
Nucor Corporation. Nucor Corporation is an American company based in Charlotte, North Carolina, that produces steel and related products. It is the largest steel producer in the United States and the largest recycler of scrap in North America. [1] Nucor is the 16th-largest steel producer in the world. [2]
United States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a news release Sunday from the company. ... US Steel has a market capitalization of $5.1 billion.
Freight cars. From 1923 to 1991, Bethlehem Steel was one of the world's leading producers of railroad freight cars following their purchase of Midvale Steel, whose railcar division was located in Johnstown, Pennsylvania. Bethlehem Steel Freight Car Division pioneered the use of aluminum in freight car construction.