Key TakeawaysNippon Steel reportedly has been given permission by U.S. security officials to refile its plans to purchase U.S. Steel.Bloomberg said that effectively would push the review period for the $14.9 billion deal past the November elections.Politicians including President Joe Biden, Vice President Kamala Harris, and former president Donald Trump have questioned the purchase, arguing that U.S. Steel should remain American-owned. Shares of U.S. Steel (X) advanced Wednesday amid a report that Nippon St ...

United States Steel Corp (NYSE:X) is back in the news today, after a Reuters report indicated the U.S.' Committee on Foreign Investment (CIFUS) granted a request from both companies to push back the review of the Nippon merger 90 days. The decision will now come after the Presidential election, giving CIFUS time to weigh the national security implications. U.S. Steel stock is up 3.5% to trade at $37.49, on track for its fifth win in the last six trading days. X has essentially filled the 17.5% bear gap suff ...

UKRAINE - 2021/12/18: In this photo illustration, U.S. Steel (United States Steel Corporation)(USS) ... [+] logo is seen on a smartphone and a computer screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesUnited States Steel stock surged nearly 9% during Wednesday’s trading, recovering somewhat from more than a 30% correction in its price from the beginning of the year, after a revival in discussions around the company’s acquisition by ...

United States Steel (X) shares rallied 7% in the last trading session to close at $33.39. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 25.5% loss over the past four weeks.U.S. Steel’s stock popped on reports that a senior Nippon Steel executive traveled to Washington to meet with U.S. officials in a last-ditch effort to save Nippon Steel’s proposed $14.9 billion takeover of U.S. Steel following reports a w ...

United States Steel Corporation (X) has launched ZMAG-coated steel, a revolutionary new carbon flat-rolled coated steel product. The steel, developed to be stronger, more resilient, and more sustainable than the current goods on the market, rises to the challenge of the world's worst environments, offering a new level of reliability and durability to the solar, automotive and construction industries.ZMAG steel has a zinc-aluminum-magnesium coating that provides up to five times the corrosion resistance of s ...

文章核心观点 - 美国钢铁公司(United States Steel)目前股价被严重低估,存在较大的上涨潜力 [2][4][8] - 美国钢铁公司未来12个月的每股收益预计将增长23.7%,远高于即将倒闭的公司 [5] - 美联储即将降息将推动美元走弱,有利于美国钢铁公司获得外国买家的订单 [6] - 美国钢铁公司的短盘持仓正在下降,显示市场对其看好 [7][8] 行业分析 - 美国钢铁行业受益于建筑和贸易活动的复苏,带动对钢材的需求上升 [6] - 美国钢铁公司是墨西哥水泥公司Cemex和卡特彼勒等大型企业的重要供应商,有稳定的客户需求 [6] - 美国钢铁公司的股价目前仅为52周高点的62%,股票估值处于较大折价 [8]

United States Steel Corp (NYSE:X) stock is up 4.1% at $32.55 at last check, after an upgrade from JPMorgan Securities to "overweight" from "neutral," and at GLJ to "buy" from "sell." The latter firm applied a sum-of-parts approach that values the company with or without the highly publicized potential takeover by Nippon Steel, which U.S. Vice President Kamala Harris opposed at a rally last week. X is on track for its third-straight daily gain after its recent Sept. 4, 52-week low of $26.91. Year to date, th ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAs the fight over US Steel ramped up this week, its top US steelmaking competitor is now condemning the com ...

The company's deal to be acquired appears headed for the chopping block.A proposed $15 billion acquisition of U.S. Steel (X) is reportedly set to be blocked by U.S. lawmakers. Investors reacted to the news by heading for the exits, sending U.S. Steel shares down about 20% for the week as of midday Thursday, according to data provided by S&P Global Market Intelligence.No deal?U.S. Steel is the biggest remaining legacy of the nation's Industrial Revolution-era steel industry. The company was put in play last ...

Key TakeawaysPresident Biden reportedly is planning to block the proposed $14 billion acquisition of U.S. Steel by Nippon Steel in Japan.The deal has been investigated by the Committee on Foreign Investment in the United States (CFIUS) for national security concerns.U.S. Steel's CEO warned that plants will close if the deal collapses. President Joe Biden intends to block the proposed $14 billion acquisition of U.S. Steel (X) by Japanese firm Nippon Steel, according to a Washington Post report, causing volat ...