US Steel edges higher as traders suggest Nippon Steel deal may not be dead

seekingalpha03-28

US Steel (NYSE:X) ticked higher by 1.1% as some trader chatter indicated that a sale to Nippon Steel (OTCPK:NISTF) may not be dead after President Biden came out against the deal in recent weeks. The...

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The...</p>\n\n<a href=\"https://seekingalpha.com/news/4084618-us-steel-edges-higher-as-traders-suggest-nippon-steel-deal-may-not-be-dead\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Steel edges higher as traders suggest Nippon Steel deal may not be dead</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Steel edges higher as traders suggest Nippon Steel deal may not be dead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-28 03:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4084618-us-steel-edges-higher-as-traders-suggest-nippon-steel-deal-may-not-be-dead><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>US Steel (NYSE:X) ticked higher by 1.1% as some trader chatter indicated that a sale to Nippon Steel (OTCPK:NISTF) may not be dead after President Biden came out against the deal in recent weeks.  The...</p>\n\n<a href=\"https://seekingalpha.com/news/4084618-us-steel-edges-higher-as-traders-suggest-nippon-steel-deal-may-not-be-dead\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4520","symbol_name":"美国基建股","start_time":0,"source_url":"https://seekingalpha.com/news/4084618-us-steel-edges-higher-as-traders-suggest-nippon-steel-deal-may-not-be-dead","article_id":"2422947044","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/150951489/image_150951489.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422947044","pubTimestamp":1711566747,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"US Steel (NYSE:X) ticked higher by 1.1% as some trader chatter indicated that a sale to Nippon Steel (OTCPK:NISTF) may not be dead after President Biden came out against the deal in recent weeks.  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Another backstop for US Steel's (X) share price is that Cleveland-Cliff's (CLF) is still interested in an acquisition if the Nippon Steel (OTCPK:NISTF) deal doesn't come to fruition. Cliff's CEO Lourenco GoncalvesCEO told Bloomberg in a story published on Monday that he talked to the US government about ways to avoid antitrust problems when he was preparing an offer for US Steel (X). “I discussed with the US government prior to making the offer, to make sure that I had a path to clear antitrust,” Goncalves said Monday in an interview on Bloomberg Television. “US Steel decided not to listen and go with Nippon Steel.” Goncalves said earlier this month on CNBC that he sees no possibility the United Steelworkers union will agree to any deal with Nippon Steel (OTCPK:NISTF). US Steel (X) shares plunged 18% over 2 days in the wake of Biden's comments. The stock has gained three days in a row this week. The Cliffs CEO said this month that he would consider bidding for US Steel (X) in the $30s a share if given the opportunity after the Biden administration said it was basically opposed to a Nippon Steel deal. More on Nippon Steel, US Steel, etc.  United States Steel Offers Investors A Phenomenal Opportunity On Merger Worries United States Steel's Biden Factor: How It Affects A 44% Merger Opportunity US Steel Merger Faces Bipartisan Political Backlash Judge signs U.S. Steel consent agreement over 2018 Clairton plant fire US Steel guides Q1 adjusted earnings below Wall Street estimates","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2422947044"}