Topic - U.S. Steel
Subscribe to this topic via RSS or ATOM), more commonly known as U.S. Steel, is an integrated steel producer with major production operations in the United States, Canada, and Central Europe. The company is the world's tenth largest steel producer ranked by sales (see list of steel producers). It was renamed USX Corporation in 1991 and back to United States Steel Corporation in 2001 when the shareholders of USX spun off its steel-making assets following the acquisition of Marathon Oil in 1982. It is still the largest domestically owned integrated steel producer in the United States, although it produces only slightly more steel than it did in 1902. - Source: Wikipedia
Related Stories
Photos
Quotations
U.S. Steel said that without the deal, it would have to pivot away from its blast furnace facilities, resulting in the loss of union jobs.
British politicians warn that Biden's opposition to U.S. Steel merger hurts global relations →
In a letter to shareholders Tuesday, U.S. Steel said it had entered into confidentiality agreements with “numerous” third parties and was beginning to share due diligence information with potential buyers.
