United States Steel Corporation (X) Latest Stock News & Headlines

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Nippon Steel executive saw positive reaction from U.S. Steel workers and others Nippon Steel Vice Chairman Takahiro Mori met with U.S. Steel's employees and community leaders this week to gain better understanding of its proposed acquisition of the U.S. company and saw positive reaction, a company spokesperson said. Mori, the key negotiator for the U.S. Steel deal, returned to the United States this week, soon after a May 20-26 trip, in an effort to close the deal amid growing regulatory scrutiny and political opposition as well as objections from the powerful United Steelworkers (USW) union over fears of job losses.

Reuters • 5 days ago

X -1.69%
3 Stocks to Buy as Biden Tariffs Reduce the Glut of Cheap Chinese Steel The Biden administration announced in May 2024 that it would not only leave the existing tariffs on Chinese steel and aluminum in place but is proposing to triple them. The implications for the United States steel industry is a simple matter of supply and demand. Which is why it’s time for investors to look for steel stocks to buy. The current Section 301 of the Trade Act of 1974 imposes a 7.5% tariff on steel and aluminum imports from China. The Biden administration is proposing increasing thos

InvestorPlace • 6 days ago

STLD -0.69% CLF -2.72% X -1.69%
U. S. Steel Foundation Awards College Scholarships to Employees’ Children PITTSBURGH, June 05, 2024--United States Steel Corporation (NYSE: X) announced it has awarded 20 college scholarships to students across the country. All the recipients are children of U. S. Steel employees. The scholarships are funded by the United States Steel Foundation.

Business Wire • 7 days ago

X -1.69%
U.S. Steel (X), Nippon Steel Clear Non-US Regulatory Hurdles U.S. Steel (X) and Nippon Steel receive all necessary non-U.S. regulatory approvals for their transaction, which is expected to close in second-half 2024.

Zacks • 10 days ago

X -1.69%
Nippon Steel's Mori returns to US this week for talks on US Steel takeover Nippon Steel's vice chairman plans to return to the United States this week for more talks over the proposed acquisition of U.S. Steel and would study selling some assets if necessary for the deal to go through. Vice Chairman Takahiro Mori's visit so soon after a May 20-26 trip highlights the efforts Nippon Steel is taking to close the purchase amid growing regulatory scrutiny and political opposition. The deal would give Nippon Steel greater access to the profitable U.S. market and further its long-term financial goals.

Reuters • 10 days ago

X -1.69%
US Steel and Nippon Steel merger gains non-US regulator approval These approvals mark a crucial step towards the completion of the deal, which is anticipated in the second half of 2024.

Mining Technology • 13 days ago

X -1.69%
Top Midday Stories: Salesforce Shares Sink on Revenue Miss; US Steel, Nippon Steel Get Non-US Regulatory Approvals for Deal; Tesla Criticizes Glass Lewis Over CEO Pay Recommendation Top Midday Stories: Salesforce Shares Sink on Revenue Miss; US Steel, Nippon Steel Get Non-US Regulatory Approvals for Deal; Tesla Criticizes Glass Lewis Over CEO Pay Recommendation

PREMIUM
MT Newswires • 13 days ago

TSLA AMZN X -1.69%
Update: US Steel, Nippon Steel Receive All Non-US Regulatory Approvals for Merger Update: US Steel, Nippon Steel Receive All Non-US Regulatory Approvals for Merger

PREMIUM
MT Newswires • 14 days ago

X -1.69%
US Steel, Nippon Steel receive all non-US approvals for merger Nippon had clinched the deal to buy U.S. Steel last December, after edging out rivals including Cleveland-Cliffs, ArcelorMittal and Nucor. The steelmakers now need to secure an approval in the U.S., where the deal is facing regulatory scrutiny and increasing political opposition including from President Joe Biden, who wants U.S. Steel to remain domestically owned. The proposed transaction is also facing opposition from the powerful United Steelworkers union over fears of job losses, and is being scrutinized by the U.S. Department of Justice.

Reuters • 14 days ago

X -1.69%
U. S. Steel and Nippon Steel Corporation Announce Receipt of All Non-U.S. Regulatory Approvals PITTSBURGH, May 30, 2024--United States Steel Corporation (NYSE: X) ("U. S. Steel") and Nippon Steel Corporation ("Nippon Steel") (TSE: 5401) announced that they have received all regulatory approvals outside of the United States related to the proposed transaction between U. S. Steel and Nippon Steel. These approvals have been received from the Directorate-General for Competition of the European Commission (pursuant to the EU Merger Regulation and, separately, the Foreign Subsidies Regulation),

Business Wire • 14 days ago

X -1.69%
Cleveland-Cliffs Is in Talks to Buy US Plants of Russia’s NLMK (Bloomberg) -- Cleveland-Cliffs Inc. is in talks to acquire the US Midwest assets of Russia’s largest steelmaker Novolipetsk Steel PJSC, according to people familiar with the matter.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsCatering to the Ultra-Rich Is a Booming Busine

Bloomberg • 16 days ago

CLF -2.72% X -1.69%
U.S. Steel (X) Launches $150M Pellet Production Facility U.S. Steel (X) launches a $150 million DR-grade pellet production facility at the Keetac Plant in Minnesota, creating jobs and enhancing market adaptability.

Zacks • 17 days ago

X -1.69%
With $14 Billion U.S. Steel Deal in Limbo, Nippon Steel Seeks Community Support The Japanese steelmaker’s vice chairman, visiting the Pittsburgh area, says the company is ready to “share all the fruits of our technology.”

The Wall Street Journal • 19 days ago

NISTF NPSCY X -1.69%
United States Steel Celebrates Opening of DR-Grade Pellet Production Facility in Minnesota KEEWATIN, Minn., May 23, 2024--U. S. Steel (NYSE: X) ("U. S. Steel") today celebrated the launch and operational readiness of its direct reduced (DR)-grade pellet production facility at its Minnesota Ore Operations-Keetac Plant. Having already confirmed the first shipment of DR-grade pellets, the Keetac facility is on track to deliver approximately four million tons of pellets annually. The $150 million investment marks a step forward in U. S. Steel’s metallics strategy by supplying the increasi

Business Wire • 20 days ago

X -1.69%
Meme Stocks With Value: 7 Strong Buys that Can Rise Without Roaring Kitty The return of Keith Gill (aka Roaring Kitty), a prominent figure in the meme stocks saga, may have sparked a brief revival of the investing trend last week. However, the latest latest meme wave has come and gone. And while some of the most popular meme stocks may be pulling back, there are a few value meme stocks to buy. Meme stocks may be best known for making big moves driven by speculative frenzy rather than fundamentals. But that’s not to say that every stock in this category is overvalued a

InvestorPlace • 21 days ago

HOG NOKIA.HE FSD
U.S. Steel, Cleveland-Cliffs Trade Barbs Over $14 Billion Nippon Steel Deal U.S. Steel sought to quash the notion that Nippon Steel is trying to unwind the companies’ $14 billion deal, saying that rival Cleveland-Cliffs is spreading false rumors among investors. “Nothing could be further from the truth,” U.S. Steel’s board of directors said in a Tuesday letter to investors and employees. “Both Nippon Steel and U. S. Steel remain as fully committed as ever to completing the transaction.”

The Wall Street Journal • 22 days ago

CLF -2.72% X -1.69%
US Steel Accuses Cleveland-Cliffs of Running "Misinformation Campaign" Against Nippon Steel Deal US Steel Accuses Cleveland-Cliffs of Running "Misinformation Campaign" Against Nippon Steel Deal

PREMIUM
MT Newswires • 22 days ago

X -1.69% CLF -2.72%
US Steel Accuses Rival Cliffs of Misinformation Campaign (Bloomberg) -- United States Steel Corp. accused rival Cleveland-Cliffs Inc. of conducing a “misinformation campaign” as the growing animosity between the two American steelmakers descended into a public war of words on Tuesday.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorBarclays Managers Warn Some Staff to Prepare for Five Days a Week in OfficeNew York, London Top New Rankin

Bloomberg • 22 days ago

X -1.69% CLF -2.72%
United States Steel’s Board of Directors "Corrects the Record" on Transaction with Nippon Steel PITTSBURGH, May 21, 2024--The Board of Directors of U. S. Steel (NYSE: X) today published a letter in response to the "long-running misinformation campaign" regarding the pending all-cash transaction with Nippon Steel Corporation (NSC).

Business Wire • 23 days ago

X -1.69%
U.S. Steel Stock Rises on New Buy Rating. The Call Has More to Do With the Economy. Jefferies analyst Christopher LaFemina initiates coverage of U.S. Steel with a Buy rating and a $45 price target. He also rates Cleveland-Cliffs shares at Buy.

Barrons.com • 24 days ago

X -1.69% STLD -0.69% NUE -1.39%

Performance Overview

Trailing total returns as of 6/13/2024, which may include dividends or other distributions. Benchmark is S&P 500

Return	X	S&P 500
YTD	-24.67%	+13.55%
1-Year	+63.32%	+24.83%
3-Year	+30.31%	+27.51%

United States Steel Corporation (X) Latest Stock News & Headlines - Yahoo Finance (2024)