Just a few days back during her presidential campaign stop in Pittsburgh, Pennsylvania, Vice President Kamala Harris made it clear where she stands on Nippon’s acquisition of US Steel (X). Nippon Steel agreed to purchase US Steel back in December of 2023 for a price of $14.9 billion. But, Joe Biden - president at [...]
Shares of U.S. Steel (X) have skyrocketed more than 30% so far in Monday morning’s trading session. The company just turned down a whopping $7.3 billion offer to acquire the company from Cleveland-Cliffs. This deal would have had incredible implications for the steel industry as a whole - but for now, it’s business as [...]
Can Steel Dynamics Reinforce Your Portfolio? Steel Dynamics, Inc. (STLD) is a basic steel manufacturing and metal recycling company that is one of the largest domestic steel producers in the United States. Furthermore, the company manufactures liquid pig iron, as well as processes and sells ferrous and nonferrous scrap. STLD is the third largest [...]
