The U.S. Steel Corporation, once America's largest steelmaker and most valuable company, is set to be acquired by Japanese company Nippon Steel for $14.9 billion. Nippon Steel — the world's ...
The Zacks Steel Producers industry is mired in significant challenges as steel prices have experienced a sharp decline in the ...
The acquisition adds to Cliffs’ position as the largest flat-rolled steel producer in North America, diversifies the ...
but is no longer in the top 10 of steel production companies anymore. As a result, the company has been looking to foreign lifelines, but regulators and politicians in the United States are ...
Nippon Steel — the world's fourth-largest steel producer — clinched the deal with an all-cash offer, outbidding American steelmakers Cleveland-Cliffs and Nucor, per the company's announcement ...