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United States Steel Newsroom
Express News | Japan Steel has submitted the acquisition proposal for United States Steel to Biden for a decision.
Jim Cramer on United States Steel Corporation (X): 'If You Look At US Steel, It's Obviously Very Bad'
Nippon Steel Confirms CFIUS Referred U.S. Steel Decision to President Biden
The acquisition proposal by United States Steel (X.US) has received support from factory officials, and the president of Nippon Steel urged Biden to approve the Trade.
Tadashi Imai, the president of Nippon Steel, stated on Wednesday that the proposal to acquire United States Steel has received support in the regions where United States Steel's factories are located.
Express News | Nippon Steel President: There Is a Considerable Spread of Support for the Deal in Regions Where US Steel Mills Are Located
Express News | The president of Japan Steel Company: This agreement will also strengthen the United States Steel industry and United States National Security.
Express News | Nippon Steel President: Our Deal Will Strengthen US Steel and Protect Jobs of Their Employees
Express News | The President of Japan Steel Corporation believes that if President Biden recognizes the intrinsic value of this trade, it will be possible to obtain his approval for our acquisition of United States Steel.
Express News | Nippon Steel President: Believe We Will Be Able to Get Approval From US President Biden on Our Acquisition of U.S. Steel if He Recognises Intrinsic Value of the Deal
U.S. Steel production bases and city mayors have written to Biden, hoping to approve the acquisition of Nippon Steel.
According to Kyodo News, regarding Japan's Nippon Steel Corporation's plan to acquire United States Steel, 20 local mayors from Pennsylvania in the Eastern United States, where United States Steel's production base is located, and Indiana in the Midwest have published a letter to President Biden requesting approval for the acquisition.
United States Steel Options Spot-On: On December 24th, 53,266 Contracts Were Traded, With 1.72 Million Open Interest
On December 24th ET, $United States Steel(X.US)$ had active options trading, with a total trading volume of 53,266 options for the day, of which put options accounted for 12.14% of the total
US Steel Sale to Nippon Looks Dead. CFIUS Won't Decide If It's a Security Risk. -- Barrons.com
U.S. stock movement | United States Steel rises over 1.3% as the U.S. Foreign Investment Committee has not reached a consensus on the acquisition case.
On December 24, according to Gelonghui, United States Steel (X.US) rose more than 1.3%, reaching $31.78. According to informed sources, the United States Foreign Investment Committee (CFIUS), composed of senior officials from the president's cabinet, has written to Biden stating that there has not yet been a consensus on whether Nippon Steel's acquisition of United States Steel poses a threat to National Security. The committee is currently at an impasse regarding this matter and is therefore unable to provide an opinion. (Gelonghui)
Express News | Cfius finds it difficult to make a decision; the Trade of Japan's Nippon Steel acquiring United States Steel will be decided by Biden.
Nippon Steel's Acquisition of US Steel Goes to Biden For Decision
Biggest Stock Movers Tuesday: X, CYTK, and More
These Stocks Are Moving the Most Today: Nvidia, Broadcom, U.S. Steel, D-Wave Quantum, International Seaways, and More -- Barrons.com
Biden to Decide on US Steel Takeover After CFIUS Deadlocks
Express News | BMO Capital: Downgraded the Target Price of United States Steel from $43 to $40, maintaining an "Outperform" rating.
Nippon Steel's U.S. Steel Acquisition Plan Referred to Biden for Review -- Update