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NISTF News and Press, Nippon Steel & Sumitomo Metal Corp

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Company Name: Nippon Steel & Sumitomo Metal Corp
Stock Symbol: NISTF
Market: OTC

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NISTF - Cleveland-Cliffs Is Opportunistic In Acquiring Stelco During Cyclical Downturn

2024-07-16 16:13:09 ET Summary Cleveland-Cliffs to acquire Stelco Holdings Inc. for $2.5b in cash and equity, or CAD$70/share in a highly accretive acquisition. Stelco will account for 9% of revenue and 16% of the aEBITDA for NewCo. Stelco is a low-cost steel producer with strong ...

NISTF - Nippon Steel's Mori to return to U.S. next week for talks on US Steel deal

2024-07-03 08:23:53 ET More on US Steel US Steel: Still A Great Risk To Reward Opportunity US Steel: Focus On Falling Steel Prices Instead Of The Most Likely Dead Buyout US Steel: Staying Positive Read the full article on Seeking Alpha For further det...

NISTF - Democrats urge Biden admin to issue order blocking Nippon Steel deal for US Steel

2024-06-25 16:09:26 ET More on US Steel United States Steel: Still A Great Risk To Reward Opportunity U.S. Steel: Focus On Falling Steel Prices Instead Of The Most Likely Dead Buyout U.S. Steel: Staying Positive U.S. Steel guides Q2 earnings in-line but cuts ...

NISTF - United States Steel: Still A Great Risk To Reward Opportunity

2024-06-19 03:40:59 ET Summary United States Steel has potential upside of 47.7% if merger with Nippon Steel goes through at $55 per share. Recent developments show progress in the merger approval process, with US regulators still pending. While the deal could fail, downside i...

NISTF - U.S. Steel: Focus On Falling Steel Prices Instead Of The Most Likely Dead Buyout

2024-06-17 10:14:45 ET Summary The $55 cash per share Nippon deal to buy U.S. Steel Corp. is most likely dead, with an announcement expected in October. Spot steel prices have dropped in the current quarter. The value of U.S. Steel Corp. stock as an independent company is much...

NISTF - Nippon Steel's Mori returns to U.S. to pitch US Steel takeover deal

2024-06-03 12:56:38 ET More on US Steel US Steel: Staying Positive US Steel Offers Investors A Phenomenal Opportunity On Merger Worries US Steel's Biden Factor: How It Affects A 44% Merger Opportunity Read the full article on Seeking Alpha For further...

NISTF - US Steel, Nippon Steel receive all non-U.S. regulatory approvals in merger deal

2024-05-30 09:57:44 ET More on US Steel US Steel: Staying Positive US Steel Offers Investors A Phenomenal Opportunity On Merger Worries US Steel's Biden Factor: How It Affects A 44% Merger Opportunity Read the full article on Seeking Alpha For further...

NISTF - Commodity Roundup: Global steel production drops in April, metals under pressure

2024-05-23 06:01:48 ET While China's latest efforts to stabilise the crisis-hit property sector are a welcome boost to sentiment , they’re unlikely to materially boost demand for iron ore and steel, ANZ Research said on Thursday.... Read the full article on Seekin...

NISTF - US Steel fires back at Cleveland-Cliffs on relentless effort to derail Nippon Steel deal

2024-05-21 11:19:26 ET More on US Steel U.S. Steel: Staying Positive United States Steel Offers Investors A Phenomenal Opportunity On Merger Worries United States Steel's Biden Factor: How It Affects A 44% Merger Opportunity U.S. Steel buyout in focus as key ...

NISTF - U.S. Steel buyout in focus as key Nippon Steel executive to visit U.S.

2024-05-18 15:49:35 ET More on Nippon Steel, Nippon Steel, etc. U.S. Steel: Staying Positive 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 f...

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