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United States Steel Corp. says it would move away from its blast furnace operations and potentially move its headquarters if its proposed merger with Nippon Steel Corporation fails.

The steel mills of America produced more than 50% of the world’s steel in the mid-1900s and created over 700,000 jobs. Companies such as Nucor (NYSE: NUE) started producing steel from recycled ...

U.S. Steel responded that it may pursue legal action to salvage the merger with Japan's Nippon Steel and warned if the deal ...

US Steel is threatening to shutter a number of mills if the Biden administration blocks its sale to would-be Japanese buyer Nippon Steel. But another rival, Cleveland Cliffs, is offering to buy ...

GRAND RAPIDS, Mich., Sept. 17, 2024 /PRNewswire/ -- Mill Steel Co., one of the nation's largest distributors of flat-rolled carbon steel, stainless steel and aluminum, is pleased to announce a ...

US Steel threatened to close its mills if Biden blocked its sale to Japan's Nippon Steel. Now Cleveland-Cliffs is offering to buy US Steel's unionized mills if it follows through on its threat.

Losses at Chinese steel mills deepened again last month, making the case for further production cuts to rescue margins in the embattled sector. Accumulated losses in the world’s biggest steel ...

Nippon Steel Corp. announced $1.3 billion in investments at US mills owned by United States Steel Corp. as the Japanese company steps up efforts to win over workers and politicians for its bid to ...

Electric arc mini-mills alone aren't enough to supply the world with the steel it needs, but the more-modern technology has a clear edge on the profitability front. Both these companies are likely ...