At press time, the federal government still faced the possibility of a shutdown September 30. The March continuing resolution funding the government will expire on that date if Republicans and… Read More
U.S. Steel
After a year-and-a-half long journey with more twists and turns than a long-running soap opera, a $14 billion deal that would allow Japan’s Nippon Steel to acquire U.S. Steel Corporation… Read More
This column detailed the steamer Wm. Edenborn in the April 28 issue of The Waterways Journal. In conducting research on another vessel, I came across some new information that warrants… Read More
President Donald Trump announced on February 11 the new tariffs he has been promising. They include tariffs on steel and aluminum imports from all countries, along with 25 percent additional… Read More
Japan’s Nippon Steel and U.S. Steel both filed a lawsuit on January 6 against President Joe Biden after he intervened to cancel a proposed buyout of the latter by the… Read More
In the face of mounting scrutiny of its proposed $14.9 billion acquisition of U.S. Steel, Japanese steelmaker Nippon Steel recently said it plans no U.S. layoffs and wants to… Read More
United States Steel Corporation announced December 8 that it has exercised its call option to acquire the remaining equity of Big River Steel for approximately $774 million from… Read More
United States Steel Corporation announced October 1 a joint venture partnership agreement under which it has taken the first step towards acquiring Big River Steel through the purchase of… Read More
United States Steel Corporation announced May 2 that it will invest more than $1 billion to construct a new sustainable endless casting and rolling facility at its Edgar Thomson… Read More
United States Steel Corporation announced August 16 that it was investing $750 million to revitalize and modernize a 110-year-old, barge-served steel plant in Gary, Ind. Located on the south shore… Read More
