News from Nippon Steel
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Economy · HuntingtonThe buyout of U.S. Steel by the global company Nippon Steel has become controversial because Nippon Steel is a Japanese company. Ironically, the E.U. has no concerns about the mergerSee the Story
Brian Garst: Blocking Nippon Steel deal will hurt US economy
100% Left coverage: 1 sources
Nippon Steel · New DelhiWASHINGTON : Nippon Steel's deal to buy U.S. Steel has "zero chance" of winning government approval amid continued opposition from the United Steel Workers union and "needs to be unraveled," the CEO of rival suitor Cleveland-Cliffs said on Tuesday.Lourenco Goncalves told reporters at the American Iron andSee the Story
Cleveland-Cliffs CEO says Nippon-US Steel deal has 'zero chance' of US approval
100% Center coverage: 2 sources
Nippon SteelIn the face of political opposition and union apprehensions, Nippon Steel remains resolute in its $14.9 billion acquisition of US Steel (NYSE:X). What Happened: During the company’s annual results announcement, Chair Takahiro Mori acknowledged the political controversy surrounding the deal but confirmed that no additional concessions to the steelworkers’ unions are currently in the pipeline, Financial Times reported on Thursday. The company rea…See the Story
Nippon Steel's Chair Hopes For 'Calmer Discussion' After 2024 Election As $14.9B US Steel Deal Faces Political Resistance - United States Steel (NYSE:X)
100% Center coverage: 2 sources
Nippon Steel · TokyoTOKYO :Nippon Steel, Japan's biggest steelmaker, on Thursday beat estimates, but posted a 20.8 per cent decline in net profit for the year ended in March to 549.4 billion yen ($3.53 billion) because of losses on inactive facilities. Nippon Steel had been expected to post a net profit of 464.6 billion yen, accSee the Story
Japan's Nippon Steel full-year profit down 21%, beats estimates
100% Center coverage: 2 sources