Trump declares war on Nippon Steel’s U.S. Steel takeover, sparking stock market tumble

Pallavi Madhiraju- December 3, 2024 0

The escalating battle over Nippon Steel's proposed $14 billion acquisition of United States Steel Corporation (U.S. Steel) reached a critical juncture as Donald Trump vowed ... Read More

Steelworkers lose battle to stop U.S. Steel’s $14.1bn foreign takeover

Pallavi Madhiraju- September 25, 2024 0

United States Steel Corporation has secured a decisive victory over a challenge brought by the United Steelworkers union regarding its planned $14.1 billion acquisition by ... Read More

Nippon Steel offloads $211m in assets as U.S. Steel takeover hits political storm!

Pallavi Madhiraju- September 23, 2024 0

Nippon Steel Corporation, one of Japan's largest steelmakers, is selling $211 million worth of assets in a strategic move to manage its ballooning debt, a ... Read More

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

Pallavi Madhiraju- September 19, 2024 0

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 ... Read More

US Steel shares jump amid uncertainty over Nippon Steel merger decision

Pallavi Madhiraju- September 13, 2024 0

U.S. Steel Corporation is witnessing a stock surge amid reports that the White House is delaying a decision on the proposed $14.1 billion acquisition by ... Read More

Kamala Harris steps in to block foreign takeover of U.S. Steel! Is America’s industry at risk?

Pallavi Madhiraju- September 2, 2024 0

American Vice President Kamala Harris is expected to oppose the proposed takeover of United States Steel Corporation by Nippon Steel Corporation, Japan’s largest steelmaker, during ... Read More

Massive $1.3bn investment by Nippon Steel propels U.S. Steel stock – What’s next?

Pallavi Madhiraju- September 1, 2024 0

United States Steel Corporation's stock experienced a notable surge as Nippon Steel Corporation announced a commitment of $1.3 billion for upgrading U.S. Steel plants in ... Read More

ArcelorMittal Nippon Steel India commits to 20% emission reduction by 2030

Pallavi Madhiraju- February 5, 2024 0

ArcelorMittal Nippon Steel India (AM/NS India) has unveiled its ambitious goal to reduce emissions intensity by 20% by 2030. This target, detailed in the company's ... Read More

Nippon Steel to acquire U.S. Steel for $14.9bn in landmark deal

Pallavi Madhiraju- December 18, 2023 0

Nippon Steel Corporation (NSC), Japan's leading steelmaker and a global industry giant, has announced a definitive agreement to acquire United States Steel Corporation (NYSE: X) ... Read More

ABB India to deliver electrification for ArcelorMittal Nippon Steel’s Gujarat facility

Pallavi Madhiraju- June 30, 2023 0

ArcelorMittal Nippon Steel India (AMNS India) has selected ABB India to supply electrification and automation systems for its steel cold rolling mill (CRM) located in ... Read More