Flat-rolled carbon steel, stainless steel and aluminum distributor Mill Steel Co. appointed Scott Hauncher as Chief Financial Officer (CFO). Hauncher — an industry veteran with over 20 years of ...
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The Committee on Foreign Investment in the United States has until that day to complete its second 90-day review of the Japanese company's proposed takeover of U.S. Steel, the people said ...
The White House last week had been preparing to announce that the president would formally block the Japanese company’s proposed $14.9 billion acquisition of US Steel on national security grounds.
“The President’s position is that it is vital for U.S. Steel to remain an American steel company that is domestically owned and operated.” Biden was preparing to kill the deal once a referral from the ...
A steel company owner was hit with a one-year prison sentence after pleading guilty to felony charge of wire fraud in connection with a U.S. Army Corps of Engineers contract, federal officials ...
s last-ditch efforts to win over workers for its takeover of United States Steel Corp., calling the $14.1 billion acquisition a “doomed deal” and pledging to fight any foreign ownership of the company ...
and now it’s on the brink of being bought by a Japanese company called Nippon Steel. And so a lot of people, including workers, the union, lawmakers, are not happy about this at all. And last ...
It’s hard to think of a more iconically American company than US Steel. It’s right there in the name. So in the face of increasingly tough competition both domestic and foreign, US Steel ...
In a factsheet released in December, U.S. Steel said Nippon “has the financial wherewithal and desire to honor all existing agreements with the USW,” and in September, the company warned that ...
India is home to fifth-highest reserves of iron ore in the world. JSW Steel is a flagship company of the JSW Group. The company is a leading integrated steel manufacturer. Currently one of the fastest ...