Nippon Steel agrees to sell share of JV if it acquires US Steel [Yahoo! Finance]
United States Steel Corporation (X)
Last united states steel corporation earnings: 4/30 04:16 pm
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US:NYSE Investor Relations:
ussteel.com/investors
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Source: Yahoo! Finance
United States Steel Corp. The definitive agreement for 50% of the equity in the AM/NS Calvert Joint Venture for $1 also includes an estimated $900 million in cash and the forgiveness of partner loans. The deal involves an advanced flat-rolled steel plant in Calvert, Alabama, that has been open since 2010 and can make 5.3 million tons of steel a year. Nippon Steel and ArcelorMittal bought the plant in 2014. The agreement takes effect only if Nippon Steel completes its purchase of U.S. Steel (NYSE: X), which is currently on hold while the federal government reviews the deal amid bipartisan opposition toward U.S. Steel's foreign ownership plan Download the FREE WPXI News app for breaking news alerts. Follow Channel 11 News on Facebook and Twitter . | Watch WPXI NOW TRENDING NOW: Recommended Stories
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- 10/31/24 - Beat
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Sec Filings
- 11/14/24 - Form SC
- 11/1/24 - Form 10-Q
- 10/31/24 - Form 8-K
- X's page on the SEC website