US Steel

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Japanese Prime Minister urges US to approve deal between Nippon Steel and US Steel – Reuters

The US Committee on Foreign Investment is currently reviewing the acquisition

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US Steel Kosice extends downtime of blast furnace No. 1

Resumption of operation of the unit after a 30-day repair is hindered by the weakening of steel demand in Europe

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Cleveland-Cliffs expresses interest in buying some assets of US Steel

This includes plants that are slated to close if US Steel's deal with Nippon Steel does not go through

US Steel Kosice
US Steel Kosice expects a decline in key indicators in Q2

The negative forecasts are explained by the long downtime of blast furnace No. 2 due to weak demand for steel

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US Steel and Cleveland-Cliffs enter into a public dispute over the deal with Nippon Steel

The companies exchanged statements regarding the planned sale

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Cleveland-Cliffs still interested in acquiring US Steel – Bloomberg

Cliffs CEO believes that the deal with Nippon Steel will not be finalized due to union disagreement

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US Steel Kosice does not plan to restart blast furnace No. 2 in Q2

The unit was shut down in early March for scheduled maintenance. Launch postponed due to weak steel demand

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US Steel shareholders approve Nippon Steel’s $14.9 billion offer

More than 98% of votes were cast in favor of the deal

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EU considers acquisition of US Steel by Japanese Nippon Steel

Antitrust decision on the deal is expected in mid-May

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US Senator calls for investigation into possible ties between Nippon Steel and China

At the same time, the United Steelworkers rejected the Japanese company's request to support the takeover

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Nippon Steel intends to finalize the acquisition of US Steel

US President expresses concern over foreign ownership of US Steel

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Nippon Steel aims to close the deal with US Steel in September

The Japanese company intensified negotiations with interested parties

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