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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 union workers, but seen by one ...
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.
On December 18, 2023, it was announced that Japanese steelmaker Nippon Steel (NSC) would acquire Pittsburgh –based U.S. Steel, a steel-producing company that was once the largest corporation in the world. [1] Under the deal, Nippon Steel would acquire the company for $14.1 billion, which totals to $14.9 billion when including the assumption ...
April 12, 2024 at 3:54 PM. U.S. Steel shareholders approved a $14.9 billion acquisition by Japan’s Nippon Steel Friday, despite opposition from the Biden administration, steelworkers and ...
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. The company produces and sells steel products, including flat-rolled and tubular products ...
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 ...
For the building in New York formerly known as the U.S. Steel Building, see One Liberty Plaza. The U.S. Steel Tower, also known as the Steel Building, UPMC Building, or USX Tower (1988–2001), is a 64-story skyscraper at 600 Grant Street in downtown Pittsburgh, Pennsylvania. The interior has 2,300,000 sq ft (210,000 m 2) of leasable space.
Nippon Steel and U.S. Steel insist they are committed to a decarbonized operation by 2050. Yet they appear far from a path to get there, still more reliant on coal-fired furnaces.