Streetbeat News

NISTF

Nippon Steel Corporation

https://www.nipponsteel.com/

Industry

Iron and Steel Mills and Ferroalloy Manufacturing

Open

25.64

Mkt cap

23B

Volume

High

25.64

P/E Ratio

7.27

52-wk high

25.64

Low

22.09

Div yield

0.05

52-wk low

16.98

US Steel CEO David Burritt discusses the company's decision to partner with Nippon Steel to sue the Biden administration after their merger was dissolved.

Portfolio Pulse from

January 07, 2025 | 5:00 pm

Cleveland-Cliffs' CEO dismisses a lawsuit against his company and the Biden administration, stating that the billion-dollar deal was legally blocked. The company is a competitor to Nippon Steel and U.S. Steel.

Portfolio Pulse from

January 07, 2025 | 3:45 pm

Nippon Steel's CEO reiterated the company's commitment to acquiring U.S. Steel, despite legal action against the Biden administration for blocking the merger.

Portfolio Pulse from

January 07, 2025 | 3:30 am

Nippon Steel and U.S. Steel are suing to challenge President Biden's decision to block their $14.9 billion merger. While the lawsuit is unlikely to overturn the decision, it may provide more time to negotiate a deal with the incoming administration.

Portfolio Pulse from

January 07, 2025 | 12:30 am

U.S. Steel and Nippon Steel are suing the U.S. government after President Biden blocked their $14.1 billion deal on national security grounds.

Portfolio Pulse from

January 06, 2025 | 5:00 pm

U.S. Steel and Nippon Steel are challenging President Biden's decision to block a $14.1 billion deal. They accuse the president, the head of the steelworkers union, and Cleveland-Cliffs' CEO of collaborating to prevent the transaction.

Portfolio Pulse from

January 06, 2025 | 4:00 pm

Nippon Steel and U.S. Steel have filed a lawsuit against the Biden administration for blocking a $15 billion acquisition deal. The lawsuit challenges the decision to prevent Nippon Steel from acquiring U.S. Steel.

Portfolio Pulse from

January 06, 2025 | 1:45 pm

U.S. Steel and Nippon Steel have filed lawsuits against the U.S. government and a rival company after President Biden blocked their planned merger. This legal action follows the government's intervention in their merger plans.

Portfolio Pulse from

January 06, 2025 | 1:30 pm

U.S. Steel and Nippon Steel have filed lawsuits against President Biden's decision to block their merger, claiming it was influenced by unlawful political motives.

Portfolio Pulse from

January 06, 2025 | 1:15 pm

U.S. Steel's CEO criticized President Biden for blocking a $14 billion acquisition by Nippon Steel and plans to sue the government.

Portfolio Pulse from

January 06, 2025 | 1:15 pm

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