US Steel - Latest news GMK Center

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

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

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

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

Antitrust decision on the deal is expected in mid-May

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

The Japanese company intensified negotiations with interested parties

The European division of the company increased the indicator by 3.7% y/y

The Japanese steelmaker may issue bonds and new shares to raise funds after the takeover is completed