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United States Steel Corporation (X)

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Canada to adjust counter-tariffs on US steel, aluminum imports

Canada to adjust counter-tariffs on US steel, aluminum imports

Canada will adjust its counter-tariffs on steel and aluminum imports from the US on July 21 in line with progress in trade negotiations, Prime Minister Mark Carney said on Thursday. Carney did not specify the new tariff rates but said the changes would reflect developments in talks with Washington.

Proactiveinvestors | 5 months ago
Nippon Steel finalizes $14.1B acquisition of US Steel

Nippon Steel finalizes $14.1B acquisition of US Steel

Japan's Nippon Steel has completed its $14.1 billion acquisition of United States Steel Corporation (NYSE:X), creating one of the world's largest steel producers with an annual capacity of 86 million tons, the companies said on Wednesday. The combined entity will maintain US Steel's name, Pittsburgh headquarters, and commitment to producing steel that is “Mined, Melted, and Made in America.

Proactiveinvestors | 5 months ago
U.S. Steel Stock Burns the Bears With Surprise Upside Move

U.S. Steel Stock Burns the Bears With Surprise Upside Move

Evaluating the sentiment in any underlying stock is as simple as checking who is buying (and how much) and who is selling. However, seeing unusual buying or selling activity is only half the equation; the other half is up to investors to figure out whether these buyers or sellers are right in their decisions to position themselves.

Marketbeat | 5 months ago
U.S. Steel (X) Surges 5.1%: Is This an Indication of Further Gains?

U.S. Steel (X) Surges 5.1%: Is This an Indication of Further Gains?

U.S. Steel (X) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Zacks | 5 months ago
Trump greenlights U.S. Steel deal, promising $11B investment and 100,000 American jobs

Trump greenlights U.S. Steel deal, promising $11B investment and 100,000 American jobs

President Trump signs executive order allowing U.S. Steel partnership with Japan's Nippon Steel, with an $11 billion investment commitment.

Foxbusiness | 6 months ago
U.S. Steel Stock Surges on Approved Nippon Steel Merger

U.S. Steel Stock Surges on Approved Nippon Steel Merger

United States Steel Corp  (NYSE:X) stock is up 5.1% to trade at $54.84 at last glance, after President Donald Trump approved a $14.9 billion merger with Japan's Nippon Steel through an executive order on Friday.

Schaeffersresearch | 6 months ago
U.S. Steel's stock surges as Trump gets his wish and a ‘golden share'

U.S. Steel's stock surges as Trump gets his wish and a ‘golden share'

U.S. Steel's so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.

Marketwatch | 6 months ago
‘Golden Share' in U.S. Steel Gives Trump Extraordinary Control

‘Golden Share' in U.S. Steel Gives Trump Extraordinary Control

Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.

Nytimes | 6 months ago
X: 1 Reason to Bet on U.S. Steel, and 1 Reason to Hold Back

X: 1 Reason to Bet on U.S. Steel, and 1 Reason to Hold Back

After a scorching 35% rally in just three weeks, United States Steel NYSE: X is sitting at levels not seen since 2010. Powered by a wave of trade protectionist sentiment and renewed optimism over a $14 billion acquisition bid from Japan's Nippon Steel, the industrial giant is suddenly in the spotlight.

Marketbeat | 6 months ago
Jobs Week Starts with More Trade Tensions

Jobs Week Starts with More Trade Tensions

Currently both the blue-chip Dow and the tech-heavy Nasdaq are down -100 points, with the S&P 500 down -20.

Zacks | 6 months ago
Asian Currencies Consolidate; U.S. Steel, Aluminum Tariffs May Buoy

Asian Currencies Consolidate; U.S. Steel, Aluminum Tariffs May Buoy

Asian currencies consolidated against the dollar but may be buoyed by President Trump's announcement to double U.S. tariffs on imports of steel and aluminum to 50% from June 4.

Wsj | 6 months ago
Trump touts 'blockbuster agreement' between US Steel, Nippon: 'Stays an American company'

Trump touts 'blockbuster agreement' between US Steel, Nippon: 'Stays an American company'

President Donald Trump touts Nippon Steel's partnership with U.S. Steel, calling it “a blockbuster agreement" that ensures the company “stays an American company."

Foxbusiness | 6 months ago
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