U.S. Steel’s stock climbs after bullish guidance, Nippon Steel acquisition optimisms

U.S. Steel’s stock climbs after bullish guidance, Nippon Steel acquisition optimisms

U.S. Steel Corporation’s stock surged 2% after the company updated its third-quarter financial outlook and reaffirmed its confidence in closing its acquisition by Nippon Steel Corporation by the end of 2024. The deal, valued at $14.9 billion, is anticipated to bring substantial benefits to both firms as they consolidate their capabilities within the global steel […]