SLX250117C59000
- 0.35
- -0.78-69.03%
VanEck Steel ETF Newsroom
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US Steel Falls as Cliffs CEO Hints That US Steel Deal May Not Be Best Outcome
Cleveland-Cliffs Still Interested in Buying All, Parts of US Steel - Semafor
US Steel CEO Seeks Fresh Look From Trump at Nippon Deal, Says Biden Decision 'Corrupt'
United States Steel Shares Are Trading Higher After Nippon Steel Announced That It Is Going to Continue to Pursue a Takeover of the Company.
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After suing the Biden administration, the CEO of Nippon Steel reaffirmed that they will not give up on acquiring United States Steel.
① The chairman and CEO of Japan's steel giant Nippon Steel, Eiji Hashimoto, reiterated on Tuesday that the company will not abandon its acquisition of United States Steel; ② He emphasized that he will never give up on expanding the Business in the United States and will not consider any other plans besides the acquisition of United States Steel; ③ A day earlier, Nippon Steel sued the Biden administration to block the proposed merger.
A major shake-up rehearsal? Trump continues to make the world speculate on how he plans to impose tariffs.
Trump denies ambitions to cut tariffs, leaving the suspense of tariff policy unresolved.
The major steel companies from the U.S. and Japan have teamed up to sue the Biden administration, accusing it of intervening in the acquisition case.
On Monday, Nippon Steel and United States Steel filed a lawsuit in a U.S. court, accusing President Biden of interfering with their acquisition Trade, and named the president of the United States Steel Union and the CEO of Cleveland-Cliffs as defendants, claiming they conspired to block the Trade, constituting unfair competition. Additionally, Trump also opposed the Trade and stated that raising import steel tariffs would make United States Steel more profitable and valuable, questioning the timing of the sale.
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US Steel Shares Are Trading Higher. The Company and Nippon Steel Filed Lawsuits Following the Blocking of Their Proposed Merger.
Donald J. Trump Posts On Truth "Why Would They Want to Sell U.S. Steel Now When Tariffs Will Make It a Much More Profitable and Valuable Company? Wouldn't It Be Nice to Have U.S. Steel, Once the Greatest Company in the World, Lead the Charge Toward...
Jefferies Maintains Buy on United States Steel, Lowers Price Target to $40
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