Western Forest Products slashes BC operations: Troubling news for lumber workers

Pallavi Madhiraju- October 8, 2024 0

Western Forest Products, one of British Columbia's largest lumber producers, announced significant curtailments in some of its production facilities, attributing the decision to unfavorable market ... 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

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

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

Cleveland-Cliffs reveals $35/share offer to acquire U.S. Steel; Bid rejected despite 43% premium

Pallavi Madhiraju- August 14, 2023 0

Cleveland-Cliffs Inc. (NYSE: CLF) has publicized its previously undisclosed bid to acquire U.S. Steel Corporation (NYSE: X) at a considerable premium of 43% to its ... Read More