United States Steel Corporation is a Fortune 500 company headquartered ... Steel's iron ore mining and taconite pellet operations, Minnesota Taconite (Minntac) and Keewatin Taconite (Keetac), support ...
(AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel may have ... though the U.S. Committee on Foreign Investment in the United States, known as CFIUS, failed to reach a consensus on ...
President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to three people with knowledge of the matter, ending a $14.1 billion deal ...
US Steel (X) ticked down 1.3% after jumping as much as 8.4% investors initially appeared to be more confident that this $14 billion planned sale to Nippon Steel (OTCPK:NPSCY) could still be completed.
CFIUS (pronounced SIFF-ee-yuhs) voiced concerns that the transaction could pose a national security threat to the United States by potentially leading to a decline in American steel production.