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The Latest Breaking News from US Steel

Biden joins Harris at first joint election campaign stop since leaving race

Harris aims to boost union support at Pittsburgh event with Biden, who last year joined workers on the picket line.

Al Jazeera

US Steel Acquisition By Nippon Steel Approved

Vice President Harris and President Biden support US Steel remaining American-owned, opposing its sale to Japan's Nippon Steel due to national security con...

Top News

Harris and Biden pitch for steel votes in Pittsburgh in first joint appearance on campaign trail

Kamala Harris and Joe Biden join forces in Labor Day outing, their first joint event since Harris accepted Democratic nomination for presidency

The Guardian - US

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Vice President Harris Supports Keeping US Steel American-Owned

Vice President Kamala Harris and President Joe Biden stand against the sale of US Steel to Nippon Steel, emphasizing the importance of American-owned steel...

Top News

Harris To Call For US Steel To Remain In American Hands

The position would mirror that of President Joe Biden, who opposes a plan for the iconic company to be bought by Japan's Nippon Steel for $14.9 billion.

International Business Times

Kamala Harris will say US Steel should not be sold to Japan

US Steel said that it remained committed to a proposed deal with Nippon Steel.

Fortune

Biden to join Harris on campaign trail for first time since dropping out of race

Pair due to appear together in Pittsburgh in vital swing state of Pennsylvania, aimed at cementing support from unions

The Guardian - US

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Nippon Steel Increases Capital Commitment For U.S. Steel Acquisition

Nippon Steel increases capital commitment by Nippon Steel Increases Capital Commitment For U.S. Steel Acquisition.3 billion to upgrade U.S. Steel plants amidst opposition. Political and labor groups express concerns over ...

Top News

Revisiting 3 Stocks With Unusually Active Options From August 2023

On Aug. 18, 2023, I recommended three stocks with unusually active options worth considering. Nearly one year later, I'll revisit those stocks looking for new opportunities to profit from the three of them.

Barchart

U.S. Steel's Potential Sale To Nippon Steel Sparks Political Turmoil

The potential acquisition of U.S. Steel by Nippon Steel Corp. sparks debates in Pittsburgh, reflecting changing priorities and concerns about the steel ind...

Top News

Sale of US Steel kicks up a political storm, but Pittsburgh isn't Steeltown USA anymore

Pittsburgh's most storied steel company, U.S. Steel, is on the cusp of being bought by Japanese steelmaker Nippon Steel Corp. in a deal that's kicking up an election year political maelstrom

The Independent UK

Can Donald Trump Make U.S. Steel Corporation Great – Yet Again?

Nippon's acquisition of U.S. Steel Corporation is facing regulatory scrutiny, as well as political opposition. Can Trump, whose steel tariffs helped spur investments in the U.S. steel industry, make X great again by not opposing the acquisition?

Barchart

Nippon Steel Fight Points To Industry's Uncertain Future In Pennsylvania

Nippon Steel's proposed acquisition of United States Steel has been a source of unease in Pittsburgh, where the metal once dominated the economy and still looms large in the collective psyche.

International Business Times

Biden, Trump Battle For Blue-collar Voters As Steel Merger Looms

Working class voters in Rust Belt cities like Pittsburgh used to favor Democrats overwhelmingly, but years of economic hardship and the rise of social issues favoring Republicans have made them a swing constituency again in 2024.

International Business Times

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US Steel To Be Sold To Japanese Rival In B Deal

Trump's tariffs did not save the American steel industry as challenges persist, exemplified by US Steel's sale to a Japanese competitor.

The Guardian - US

New US rules aim to crack down on toxic air pollution by steelmakers

Rules target contaminants such as mercury, benzene and lead released by coke ovens used by facilities to burn coal

Top News

EU Approves .9B Nippon Steel Acquisition Of U.S. Steel

EU approval of Nippon Steel's .9 billion acquisition of U.S. Steel enhances global steel industry competition.

International Business Times

EU Clears Nippon Buyout Of US Steel Opposed By Biden

The European Union on Monday approved the $14 billion takeover of major American manufacturer US Steel by Japan's Nippon Steel, which US President Joe Biden has opposed.

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International Business Times

Nippon Steel's Acquisition Of US Steel Faces Delay Amid DOJ Inquiry

Initially slated for the second or third quarter of 2024, the closure is now tentatively aimed for the third or fourth quarter.

Top News

U.S. Steel-Nippon Steel Deal Security Review Proceeds Normally

White House confirms security review of U.S. Steel-Nippon Steel deal amid concerns about national security and domestic steel industry implications.

International Business Times

Biden Targets 'Cheating' China On Trip To US Steel Heartland

US President Joe Biden called for a hike in steel tariffs on "cheating" China Wednesday as he courted blue-collar voters on an election campaign trip to the battleground state of Pennsylvania.

The Guardian - US

Biden to triple taxes on Chinese steel and block Japanese takeover of US Steel

President touted plan during speech on Wednesday in Pennsylvania, where union support could prove crucial

Reason

Biden's Call for More Steel Tariffs Is Economically Ineffective Political Pandering

If higher tariffs were the solution to anything, wouldn't there be evidence of that by now?

Top News

U.S. Steel Shareholders Approve .1 Billion Sale To Nippon

U.S. Steel shareholders approve .1 billion acquisition by Nippon Steel, sparking concerns and differing views from President Biden and Japanese Prime Mi...

Reason

J.D. Vance Thinks U.S. Steel's Shareholders Weren't Adequately Warned of J.D. Vance's Efforts To Block Sale

Vance's latest gambit is pretty nonsensical, intellectually embarrassing, and obviously self-serving. But that doesn't mean that it's not dangerous too.

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