Straits Times Index
3,331.70 +5.42 (+0.16%) S&P 500
5,464.20 -5.10 (-0.09%) Dow
39,136.81 +24.65 (+0.06%) Nasdaq
17,734.56 +16.90 (+0.10%) Bitcoin USD
60,793.65 -1,264.86 (-2.04%) CMC Crypto 200
1,265.41 -18.37 (-1.43%)
X Jan 2026 40.000 put
- Business Wire
U. S. Steel Recognized by Vibrant Pittsburgh As a DE&I-Leading Organization
PITTSBURGH, June 26, 2024--U. S. Steel has been named a Vibrant Index 5.0 Champion by Vibrant Pittsburgh in recognition of its diversity, equity and inclusion leadership.
- Barrons.com
U.S. Steel Is Getting Love From Wall Street but the Stock Won’t Budge. That’s an Opportunity.
BMO analyst Katja Jancic upgraded the steelmaker to Buy from Hold. Her price target went to $45 from $43 a share.
- Reuters
Shareholders warn Nippon Steel faces higher decarbonisation costs with U.S. Steel takeover
TOKYO (Reuters) -Nippon Steel's proposed acquisition of U.S. Steel risks raising decarbonisation costs for Japan's top steelmaker, an activist shareholder group said, urging the company to address the takeover's impact on its climate goals. Nippon Steel, the world's fourth biggest steelmaker, last year announced a $15 billion takeover offer for U.S. Steel, which backed the bid, but has faced resistance from a powerful labour union and the White House. "The potential addition of U.S. Steel's 11 blast furnaces to Nippon Steel's operations will almost certainly increase the cost of decarbonisation for the company," Brynn O'Brien, executive director of the Australasian Centre for Corporate Responsibility (ACCR), said.
