A strong shipping market helped secondhand container prices grow to an above-average finish in 2024, but it’s unclear whether ...

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...

Iron and steel products maker, Pradhin Ltd, has announced a triple bonanza for its shareholders. From a 1:10 stock split, and 2:1 bonus issue to a 100% dividend payout, Pradhin Ltd is likely to ...

US President Joe Biden officially blocked Nippon Steel's proposed $14.9-billion purchase of US Steel on Friday, dealing a probably fatal blow to the contentious merger plan after a year of review. "A ...

In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion. Nick Schifrin discussed the president's decision with David Wessel of the Brookings Institution and ...

as opposed to continued consolidation in which you eventually get an oligopoly if the steel mills here continue to buy each other up," he told CBS MoneyWatch. If U.S. Steel can't turn around ...

He also alluded to the possibility of Ohio-based Cleveland-Cliffs reviving its bid to buy U.S. Steel, after losing to Nippon’s more generous offer in December 2023. Shapiro said he expected ...

President Joe Biden on Jan. 3 blocked the $15-billion sale of U.S. Steel Corp. to Nippon Steel Corp. under the federal Defense Production Act—citing national security concerns and "credible ...

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Shares of U.S. Steel sank in intraday trading Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel. The White House announced the ...

WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...