United States Steel Corporation Stock News

Japan's Nippon Steel said on Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company.

Nippon President Tadashi Imai told reporters on Wednesday that there is "considerable amount of support for this acquisition" in the Rust Belt.

Japan's Nippon Steel is seeing support for its proposal to acquire U.S. Steel in the regions of the United States where steel mills are located, Nippon Steel's President Tadashi Imai told reporters on Wednesday.

A committee charged with judge National security concerns from foreign investment couldn't decide if Japan was a friend or foe.

The Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on potential national security risks posed by Japanese firm Nippon Steel's $15 billion bid to take over U.S. Steel on Monday, leaving the fate of the controversial deal in the hands of President Joe Biden who has expressed his opposition to the deal.

The Committee on Foreign Investment in the United States (CFIUS) has told the White House it is unable to reach a consensus on national security risks involved in Nippon Steel's bid for U.S. Steel , the Washington Post reported on Monday.

Never turn down capital when it's offered to you. The previous axiom is easily as old as business.

U.S. Steel (X) shares fell Friday as the steelmaker gave weaker-than-expected guidance for the current quarter because of falling prices and the costs related to a factory being developed in Arkansas.