US Steel
The European division of the company increased the indicator by 3.7% y/y
31 January 2024
The Japanese steelmaker may issue bonds and new shares to raise funds after the takeover is completed
The appeal appeared amid strong criticism of the acquisition of an American steel company
The terms contrast with the intention of the parties, who expect to close the deal in the spring or by the fall of 2024.
The company plans to produce and ship these products in the first half of 2024
18 December 2023
The deal was unanimously approved by the NSC Board of Directors and the U.S. Steel
At the same time, the company announced that it would cease steel production at the Granite City Works plant
The company is negotiating with a potential partner
If necessary, blast furnace volumes will be redistributed to other company facilities
17 August 2023
Esmark and Cleveland-Cliffs already want to fight for the assets of the American company
The initial period of validity of the offer will last until the end of November
Currently, the steel company is considering strategic options