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December 18, 2023 at 4:07 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 ...
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The ...
Cleveland Cliffs acquired AK Steel in 2019 right before steel prices began to spike and within a year, it acquired ArcelorMittal USA in 2020 for $1.4 billion. U.S. Steel bought Big River Steel the ...
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.
Geneva Steel was a steel mill located in Vineyard, Utah, United States, founded during World War II to enhance national steel output. It operated from December 1944 to November 2001. Its unique name came from a resort that once operated nearby on the shore of Utah Lake .
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.
US Steel also received a bid from privately-held Esmark worth $7.8 billion with European giant ArcelorMittal is also reportedly interested in the company, a deal which would mark a re-entry to the ...
The United States is also a major importer of iron and steel, as well as iron and steel products. Employment as of 2014 was 149,000 people employed in iron and steel mills, and 69,000 in foundries. The value of iron and steel produced in 2014 was $113 billion. [1] About 0.3% of the US population is employed by the steel industry.