RADNOR, PA / ACCESSWIRE / June 4, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of United States Steel Corporation (NYSE:X) ("US Steel"). On December 18, 2023, US Steel disclosed that it had entered into an agreement to be acquired by Nippon Steel Corporation ("Nippon") in an all-cash transaction at $55.00 per share, subject to "customary" approvals and conditions.
NEW YORK, NY / ACCESSWIRE / June 3, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of United States Steel Corporation ("U.S Steel" or "the Company") (NYSE:X). Investors who purchased United States Steel securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/X.
U.S. Steel (X) and Nippon Steel receive all necessary non-U.S. regulatory approvals for their transaction, which is expected to close in second-half 2024.
U.S. Steel (X) launches a $150 million DR-grade pellet production facility at the Keetac Plant in Minnesota, creating jobs and enhancing market adaptability.
Jefferies analyst Christopher LaFemina initiates coverage of U.S. Steel with a Buy rating and a $45 price target. He also rates Cleveland-Cliffs shares at Buy.