Gerdau S.A. is rated as a Hold due to mixed market conditions and competitive pressures from imported steel products. Explore ...

Analyst Lawson Winder from Bank of America Securities maintained a Hold rating on United States Steel (X – Research Report) and keeping the ...

McCall insisted that U.S. Steel — which is profitable and reported $1.8 billion on its balance sheet — has the financial wherewithal to make the company strong. Nippon Steel's offer was a ...

Update: President Biden announced Friday morning he is blocking the U.S. Steel-Nippon Steel deal "to ensure that, now and long into the future, America has a strong domestically owned and operated ...

Many backers said Nippon Steel has a stronger financial balance sheet than rival Cleveland-Cliffs to invest the necessary cash to upgrade aging U.S. Steel blast furnaces. Nippon Steel has ...

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...

Justin Merriman / Bloomberg via Getty Images President Joe Biden on Friday blocked the proposed $14 billion acquisition of U.S. Steel by Japan's Nippon Steel. The companies in a joint statement ...