US Steel
03 April 2024
At the same time, the United Steelworkers rejected the Japanese company's request to support the takeover
US President expresses concern over foreign ownership of US Steel
08 February 2024
The Japanese company intensified negotiations with interested parties
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