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Steel companies want Trump’s tariffs. Here’s why their stocks aren’t jumping.

Trump’s tariffs on Mexico and Canada are giving a boost to some steelmakers’ stocks, but retaliatory tariffs could reduce the potential benefits.
MarketWatch - 7h
Michael Steele hits Trump for attempts to distance from FBI firings: 'Cut the crap'

Former Republican National Committee Chair Michael Steele said President Trump should “cut the crap” when it comes to accusations about his involvement in the firing of FBI officials and ...
The Hill - 2d
Mark Steel: ‘At 16, I thought I’d help transform the world into a socialist arena of peace and justice. I’m not sure we’ve managed it’

The comedian on liberating a budgie, stealing carrier bags, and his recent brush with death. Born in Kent, Mark Steel, 64, began his radio career in 1992 with the satirical show The Mark Steel ...
The Guardian - 2d
Nucor CEO says he's optimistic about what Trump policies mean for steel trade

In a Tuesday interview with CNBC's Jim Cramer, Nucor CEO Leon Topalian expressed optimism about what Trump's tariff policies mean for the U.S. steel industry.
CNBC - 5d
Activists hold US Steel CEO’s feet to the smelter

David Burritt will have to provide a vision of how the company can thrive on its own if a Nippon Steel deal does not materialise
Financial Times - 6d
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal

The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.
The New York Times - 6d
South Africa in emergency talks to save ‘critical’ steel plants

President Cyril Ramaphosa met Lakshmi Mittal at Davos over ArcelorMittal plans to close country’s two largest mills
Financial Times - Jan. 24
Stargate Is Fueling a Record Stock Market

Trump’s AI initiative includes billions from OpenAI, Oracle, and SoftBank.
Inc. - Jan. 23
Djokovic’s Australian Open show of steel sends a message: there’s still more to come | Tumaini Carayol

The 37-year-old showed killer instinct against younger rival, a willingness to go to hell and back in pursuit of glory. In the most recent late-night exhibition of his insatiable resilience and ...
The Guardian - Jan. 22
Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say

The White House over the weekend extended the deadline for Nippon to permanently end its pursuit of U.S. Steel until June.
CNBC - Jan. 13
Despite Nippon Steel Negotiation, U.S., Japan Retain Strong Relationship

Though the president blocked Japanese purchase of Nippon Steel, it remains a U.S. ally.
Inc. - Jan. 12
British Steel blunder forced Scunthorpe blast furnace closure

Shutdown last year blamed on wrong coal and is latest sign of difficulties at Chinese-owned operations
Financial Times - Jan. 12
From U.S. Steel to the ‘Art of the Deal’ — Trump’s opportunity for economic statecraft

The deal-focused orientation of President-elect Trump can serve as both the carrot and the stick in a new diplomatic paradigm.
The Hill - Jan. 12
Joe Biden delays order to end Nippon Steel bid for US Steel

Suspension of executive order until 18 June gives courts time to review steelmakers’ legal challenge. The Biden administration has delayed until June an order for Nippon Steel to abandon its ...
The Guardian - Jan. 12
Biden administration delays enforcing order blocking Nippon Steel-U.S. Steel deal

The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion bid for U.S.
NBC News - Jan. 12
New Orleans attack would’ve had ‘completely different outcome’ if steel barriers were used, inventor says

Peter Whitford says Archer barriers, which the city had stored away, have record of stopping vehicle rammings. The deadly New Year’s Day truck attack in New Orleans “would have had a completely ...
The Guardian - Jan. 11
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.
The New York Times - Jan. 9
McConnell: Biden selling out to Big Labor by blocking US Steel deal

Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America’s ...
The Hill - Jan. 9
Nippon Steel bets on Trump to salvage $15bn US deal

Japanese company and target US Steel have also sued the Biden administration and rival Cleveland-Cliffs
Financial Times - Jan. 8
U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt

Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal is in the interest of U.S. workers.
CNBC - Jan. 7
U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm

President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.
NBC News - Jan. 7
Is the US stock market in bubble territory?

Valuations might be frothy but don’t seem nutty
Financial Times - Jan. 7
Japanese steelmaker vows not to give up on buying U.S. Steel

Japan’s largest steelmaker said that it would not give up trying to purchase U.S. Steel even after President Joe Biden blocked the $15 billion bid last week.
NBC News - Jan. 7
Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry

Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administration
Financial Times - Jan. 7
Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration

Japan's Nippon Steel emphasized that it is not giving up on its takeover of U.S. Steel, a day after suing the Joe Biden administration over blocking the proposed merger.
CNBC - Jan. 7
Breaking down the Nippon and U.S. Steel lawsuit against Biden administration

U.S. Steel is suing the Biden administration over the president's decision to block the company's $15 billion acquisition by Japan's Nippon Steel. International investment expert Sarah Bauerle ...
CBS News - Jan. 6
U.S. Steel, Nippon Steel Challenge Biden's Move to Kill $14.1 Billion Deal

The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.
The Wall Street Journal - Jan. 6
U.S. Steel sues Biden admin, union boss after president blocks acquisition deal

U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president announced he was blocking a proposed deal for the iconic American manufacturer.
NBC News - Jan. 6
U.S. Steel and Nippon Sue Biden Over Blocked Merger

The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.
The New York Times - Jan. 6
U.S. Steel, Nippon Steel sue Biden administration over blocked deal

U.S. Steel and Nippon Steel have filed lawsuits against the Biden admin. after the president blocked their $15 billion acquisition deal. CBS MoneyWatch correspondent Kelly O'Grady has more.
CBS News - Jan. 6
Nippon Steel and US Steel sue after Biden blocks $15bn deal

Donald Trump calls for American steel group to remain independent company
Financial Times - Jan. 6
Lawsuit alleges Biden blocked US Steel-Nippon Steel merger for political reasons

The Biden administration blocked the deal over alleged national security concerns.
ABC News - Jan. 6
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision

The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.
Inc. - Jan. 6
U.S. Steel, Nippon file lawsuits over Biden's block of merger

U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News ...
CBS News - Jan. 6
U.S. Steel, Nippon Steel sue Biden administration for blocking deal

The steel companies allege White House decision to block takeover was political and violated their right to due process.
CBS News - Jan. 6
Biden's decision to block the US Steel sale would have made Harry Truman proud

Biden’s decision serves as a reminder, as the new president comes to power, of just how much a president can do under the broad and often vague umbrella of national security.
The Hill - Jan. 6
Nippon Steel and US Steel sue Biden administration over blocked merger

U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security ...
The Hill - Jan. 6
U.S. Steel and Nippon Steel file multiple lawsuits after Biden blocks planned merger

Steel companies are suing the government and a rival over their botched deal.
MarketWatch - Jan. 6
ArcelorMittal's South Africa Business to Wind Down Long-Steel Production

Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the company.
The Wall Street Journal - Jan. 6

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