BUZZ-US Steel rises after report Trump considering allowing its sale to Nippon Steel

Reuters

02-08

BUZZ-US Steel rises after report Trump considering allowing its sale to Nippon Steel

** Shares of United States Steel X.N rise 4.6% to $41.06

** U.S. President Donald Trump is considering allowing Japan's Nippon Steel 5401.T to complete its $14.9 billion buyout of U.S. Steel, CBS News reports

** Approval of the transaction is not definite, and Trump has not changed his mind on the sale, report says citing sources

** U.S. Steel and Nippon did not immediately respond to Reuters' requests for comments

** Nippon had clinched the deal to buy U.S. Steel in 2023, but the merger has since faced opposition from the powerful Steelworkers' union as well as politicians

** Former U.S. president Joe Biden had blocked the acquisition on national security grounds in January, but delayed an order for Nippon to abandon its bid for U.S. Steel until June

** Trump had also opposed the deal before

** As of last close, U.S. Steel shares up 20.6% YTD

(Reporting by Aatreyee Dasgupta)

((Aatreyee.Dasgupta@thomsonreuters.com))

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02:29</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<title>BUZZ-US Steel rises after report Trump considering allowing its sale to Nippon Steel</title><p>** Shares of United States Steel <span>X.N</span> rise 4.6% to $41.06</p><p>** U.S. President Donald Trump is <span>considering allowing</span> Japan's Nippon Steel <span>5401.T</span> to complete its $14.9 billion buyout of U.S. Steel, CBS News reports</p><p>** Approval of the transaction is not definite, and Trump has not changed his mind on the sale, report says citing sources</p><p>** U.S. Steel and Nippon did not immediately respond to Reuters' requests for comments</p><p>** Nippon had clinched the deal to buy U.S. Steel in 2023, but the merger has since faced <span>opposition</span> from the powerful Steelworkers' union as well as politicians</p><p>** Former U.S. president Joe Biden had blocked the acquisition on national security grounds in January, but <span>delayed</span> an order for Nippon to abandon its bid for U.S. Steel until June</p><p>** Trump had also opposed the deal before</p><p>** As of last close, U.S. Steel shares up 20.6% YTD</p><p> (Reporting by Aatreyee Dasgupta)</p><p> ((Aatreyee.Dasgupta@thomsonreuters.com))</p>\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://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250207:nL4N3OY1OQ:1","article_id":"2509273417","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509273417","pubTimestamp":1738952948,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and 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2023, but the merger has since faced opposition from the powerful Steelworkers' union as well as politicians** Former U.S. president Joe Biden had blocked the acquisition on national security grounds in January, but delayed an order for Nippon to abandon its bid for U.S. Steel until June** Trump had also opposed the deal before** As of last close, U.S. Steel shares up 20.6% YTD (Reporting by Aatreyee Dasgupta) ((Aatreyee.Dasgupta@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}