But US Steel has said the deal is necessary to help shore up the company’s ailing business, which has been struggling to keep up with cheaper foreign steel – mostly from China – for decades.
As U.S. Ambassador to Japan Rahm Emanuel noted when the deal was first announced, “These two iconic companies are defining the future of the key steel industry and forging a strong bond as they ...
A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel ...
United States Steel Corporation faces valuation concerns despite potential buyout deals. Click here to find out why I ...
Nippon Steel said in an 11th-hour appeal to U.S. Steel employees that it would protect integrated steel mills and union jobs.