US Steel
The company has been operating three blast furnaces in Europe since December 7
CFIUS is due to deliver its decision on December 22-23
05 December 2024
The agreement can be completed if the necessary procedures are completed
28 November 2024
The US Committee on Foreign Investment is currently reviewing the acquisition
News Companies US Steel Kosice
23 September 2024
Resumption of operation of the unit after a 30-day repair is hindered by the weakening of steel demand in Europe
This includes plants that are slated to close if US Steel's deal with Nippon Steel does not go through
News Companies US Steel Kosice
18 June 2024
The negative forecasts are explained by the long downtime of blast furnace No. 2 due to weak demand for steel
22 May 2024
The companies exchanged statements regarding the planned sale
Cliffs CEO believes that the deal with Nippon Steel will not be finalized due to union disagreement
News Companies US Steel Kosice
18 April 2024
The unit was shut down in early March for scheduled maintenance. Launch postponed due to weak steel demand
More than 98% of votes were cast in favor of the deal
12 April 2024
Antitrust decision on the deal is expected in mid-May