US Steel Stock Soars
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1hon MSN
President Donald Trump says U.S. Steel will keep its headquarters in Pittsburgh as part of what he called a "planned partnership" between the iconic American steelmaker and Japan-based Nippon Steel, which has sought to buy it.
WASHINGTON — President Trump announced Friday that Japan-based Nippon Steel will be allowed to invest in US Steel, ending a years-long drama over the fate of a company once synonymous with American economic power.
United States Steel has high debt and returns almost no value to investors through dividends, making a long-term investment unprofitable. See why X stock is a Sell.
United States Steel's (X 2.19%) place in history is secure, given how important the company was to the creation of the steel industry. But US Steel is no longer the industry-leadi
12hon MSN
A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel 's bid for U.S. Steel but most panel members believe any security risks posed by the deal can be addressed,
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The Committee on Foreign Investment in the United States (CFIUS) remains divided on whether U.S. Steel’s proposed sale to Tokyo-based Nippon Steel presents a national security risk, but most panel members think there’s a path forward for the deal.
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Interesting Engineering on MSN3x boost: US scientists increase bridge lifespan with corrosion-resistant steelScientists in the United States have developed a new technology that can triple the lifetime of bridges and other structures. Allium Engineering, a startup founded by two MIT PhDs, claims that their new technology uses a stainless steel cladding to make rebar resilient to corrosion.
Japan's Nippon Steel remains committed to acquiring a full stake in U.S. Steel , a senior executive said, adding that it is seeking a meeting with U.S. Treasury Secretary Scott Bessent to clarify President Donald Trump's stance on the deal.