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US Steel - Latest news GMK Center

Photo – US Steel reduced steel shipments by 1.1% y/y in Q1
US Steel reduced steel shipments by 1.1% y/y in Q1

European segment shipped 856 thousand short tons of steel in January-March

Photo – Nippon Steel considers investing up to $7 billion in US Steel if deal is approved
Nippon Steel considers investing up to $7 billion in US Steel if deal is approved

This amount is significantly higher than the initial offer of $2.7 billion

Photo – Nippon Steel considers changing its plan for the US Steel deal
Nippon Steel considers changing its plan for the US Steel deal

Trump says Nippon Steel's offer could take the form of an investment

Photo – US consumers sue to block US Steel takeover
US consumers sue to block US Steel takeover

US antitrust law allows private plaintiffs to challenge mergers separately from the government

Photo – US Steel reduced steel shipments by 8.4% y/y in 2025
US Steel reduced steel shipments by 8.4% y/y in 2025

The European division shipped 3.6 million tons of steel last year

Photo – Cleveland-Cliffs, Nucor weigh joint bid for US Steel – Bloomberg
Cleveland-Cliffs, Nucor weigh joint bid for US Steel – Bloomberg

Cliffs' top executive confirms interest in US steelmaker

Photo – Nippon Steel postpones deadline for closure of US Steel
Nippon Steel postpones deadline for closure of US Steel

The company extended the date to the first quarter of 2025

Photo – US Steel predicts a decline in profits in Q4
US Steel predicts a decline in profits in Q4

The company has been operating three blast furnaces in Europe since December 7

Photo – Biden plans to block the merger of Nippon Steel and US Steel – Bloomberg
Biden plans to block the merger of Nippon Steel and US Steel – Bloomberg

CFIUS is due to deliver its decision on December 22-23

Photo – Nippon Steel plans to complete the acquisition of US Steel by the end of the year
Nippon Steel plans to complete the acquisition of US Steel by the end of the year

The agreement can be completed if the necessary procedures are completed

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

Photo – US Steel Kosice extends downtime of blast furnace No. 1
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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