Nippon Steel Corporation logo

Nippon Steel Corporation (NISTF)

Market Closed
5 Dec, 20:00
OTC PINK OTC PINK
$
4. 02
+0.07
+1.77%
$
19.96B Market Cap
5.94 P/E Ratio
320% Div Yield
90,600 Volume
0 Eps
$ 3.95
Previous Close
Day Range
4 4.2
Year Range
3.72 26.21
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Earnings results expected in 59 days
U.S. Steel's stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end

U.S. Steel's stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end

United States Steel Corp.'s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it's still confident it can win the necessary approvals for its planned takeover by Japan's Nippon Steel, and that it can close the deal by year-end.

Marketwatch | 1 year ago
Nippon Steel Finds Unlikely Ally in Pittsburgh Workers

Nippon Steel Finds Unlikely Ally in Pittsburgh Workers

WEST MIFFLIN, Pa.—Former President Donald Trump and Vice President Kamala Harris have found agreement on one issue: opposing the $14.1 billion sale of U.S. Steel X 3.83%increase; green up pointing triangle, one of America's most storied corporations, to Nippon Steel 5401 0.15%increase; green up pointing triangle of Japan.

Wsj | 1 year ago
Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline, sources say

Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline, sources say

A powerful U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S. Steel faces a Sept. 23 deadline to recommend whether the White House should block the deal, two people familiar with the matter said.

Reuters | 1 year ago
U.S. Steel's stock rises after report Biden won't block takeover by Nippon anytime soon

U.S. Steel's stock rises after report Biden won't block takeover by Nippon anytime soon

U.S. Steel Corp.'s stock jumps on Wednesday afternoon following a report that President Joe Biden will not move imminently to block the iconic American company's takeover by Japan's Nippon Steel.

Marketwatch | 1 year ago
Nippon Steel's US setback a wake-up for Japan Inc's foreign forays

Nippon Steel's US setback a wake-up for Japan Inc's foreign forays

Japanese firms are set to scrutinise overseas deals more intently after U.S. resistance to Nippon Steel's $15 billion U.S. Steel purchase, advisers said.

Reuters | 1 year ago
Nippon Steel pushes back on national security concerns raised by Biden admin over US Steel purchase

Nippon Steel pushes back on national security concerns raised by Biden admin over US Steel purchase

Nippon Steel and U.S. Steel are pushing back on reports their merger would undermine U.S. national security amid reports the Biden-Harris administration is preparing to block the deal.

Foxbusiness | 1 year ago
Nippon Steel shares up after news of US looking to block peer's acquisition

Nippon Steel shares up after news of US looking to block peer's acquisition

Shares of Nippon Steel climbed on Thursday, outperforming the wider Nikkei index , after the news that the White House was looking to block the company's $15 billion bid for its peer U.S. Steel.

Reuters | 1 year ago
Nippon Steel says no update from CFIUS over US Steel deal

Nippon Steel says no update from CFIUS over US Steel deal

Nippon Steel Corp has not received any update from the Committee on Foreign Investment in the United States (CFIUS) regarding the company's proposed $14.9 billion acquisition of U.S. Steel , the Japanese company said on Thursday.

Reuters | 1 year ago
Biden to block nearly $15B sale of US Steel to Japanese company Nippon despite CEO's warnings: report

Biden to block nearly $15B sale of US Steel to Japanese company Nippon despite CEO's warnings: report

US Steel CEO David Burritt warned the company would likely shutter steel mills if the federal government stepped in to derail the merger.

Nypost | 1 year ago
U.S. Steel shares drop more than 15% on report White House preparing to block Nippon Steel takeover

U.S. Steel shares drop more than 15% on report White House preparing to block Nippon Steel takeover

U.S. Steel shares drop more than 15% on report White House preparing to block Nippon Steel takeover

Cnbc | 1 year ago
US Steel CEO says company likely to close steel mills if proposed $14B sale to Nippon Steel falls through

US Steel CEO says company likely to close steel mills if proposed $14B sale to Nippon Steel falls through

U.S. Steel's CEO is warning that the failure of its planned sale to Nippon Steel would lead to the closure of steel mills that would be modernized if the deal proceeds.

Foxbusiness | 1 year ago
U.S. Steel may be forced to leave Pittsburgh if Nippon deal gets scrapped: WSJ

U.S. Steel may be forced to leave Pittsburgh if Nippon deal gets scrapped: WSJ

Chief Executive David Burritt says U.S. Steel needs $3 billion in upgrades to compete.

Marketwatch | 1 year ago
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