About United States Steel Corporation Common Stock (X)
United States Steel Corporation is a leading steel producer that manufactures a wide range of steel products for various industries, including automotive, construction, energy, and consumer goods. The company operates several steel mills and facilities across the United States and has a history of innovation in steel production, focusing on sustainability and efficiency. In addition to steelmaking, United States Steel is involved in mining operations to source raw materials, while also engaging in the development of advanced technologies to enhance environmental performance and minimize its carbon footprint. With a commitment to quality and service, the company plays a vital role in the domestic and global steel supply chain. Read More
United States Steel Corp (NYSE:X) shares are facing selling pressure on Thursday after President Donald Trump suggested he doesn't want to see the company get acquired by Nippon Steel.
There's one more twist in the neverending saga of United States Steel Corp. (NYSE: X) and its acquisition by Japan's Nippon Steel Corp. which has been in the works since 2023.
Wall Street experienced a significant upswing today, driven by a surprising announcement from President Donald Trump regarding a temporary pause on tariffs for certain countries.
United States Steel Corp shares are getting crushed in Wednesday's after-hours session after President Donald Trump suggested he doesn't want to see the company get acquired by Nippon Steel.
Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), a stockholder of United States Steel Corporation (NYSE: X) (“U.S. Steel” or the “Company”), today announced that it is withdrawing its nomination of director candidates for election at the 2025 Annual Meeting of Stockholders (the “Annual Meeting”) due to apparent momentum related to the $55 per share sale to Nippon Steel Corporation (“Nippon”).1 Recent reports indicate that the Company and Nippon may have succeeded in having productive conversations with the Trump Administration to address concerns and discuss significantly increased capital commitments.2 Additionally, based on language included in Monday’s Presidential Action, we suspect the companies have taken steps to try to mitigate national security considerations.3 We imagine this is why labor leaders, policy experts and stockholders have recently suggested they expect the sale will be approved.
United States Steel Corporation ("U. S. Steel" or the “Company”) (NYSE: X) today set the record straight on several flaws in the strategic “plan” for U. S. Steel published by Ancora Catalyst Institutional, LP (“Ancora”).
Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), a stockholder of United States Steel Corporation (NYSE: X) (“U.S. Steel” or the “Company”), today issued a presentation highlighting why Ancora’s nominees – including CEO candidate Alan Kestenbaum – represent stockholders’ best opportunity to prepare U.S. Steel for a potential standalone future at the 2025 Annual Meeting of Stockholders (the “Annual Meeting”) scheduled for May 6, 2025.
Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), a stockholder of United States Steel Corporation (NYSE: X) (“U.S. Steel” or the “Company”), is calling on the Company’s Board of Directors (the “Board”) to delay the 2025 Annual Meeting of Stockholders (the “Annual Meeting”) in light of recent developments pertaining to the Company’s blocked sale to Nippon Steel Corporation (“Nippon”). On April 7, 2025, President Donald Trump directed the Committee on Foreign Investment in the United States (“CFIUS”) to conduct and finalize a new review of the transaction within 45 days.
As new trade tariffs hit the United States and most of its trading partners, these steelmaking stocks might come as a potential rescue for investor portfolios.
Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), a stockholder of United States Steel Corporation (NYSE: X) (“U.S. Steel” or the “Company”), today announced that it is filing a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with its nomination of nine highly qualified director candidates for election to the Company’s Board of Directors at the 2025 Annual Meeting of Stockholders scheduled for May 6, 2025. Additionally, Ancora sent a letter to stockholders regarding its slate’s five-point plan to turn around U.S. Steel:
Nippon Steel and United States Steel Corp. (NYSE:X) are reportedly negotiating with the Trump administration to revive their $14 billion merger by significantly boosting investments in U.S. Steel's Rust Belt facilities.
