BREAKING NEWS
Fatal explosion at U.S. Steel's plant raises questions about its future, despite heavy investment
Read full article: Fatal explosion at U.S. Steel's plant raises questions about its future, despite heavy investmentThe explosion this week at U.S. Steel's Pittsburgh-area plant has reignited debate about its future.
Air quality concerns linger in the wake of steel plant explosion in Pennsylvania
Read full article: Air quality concerns linger in the wake of steel plant explosion in PennsylvaniaAllegheny County is increasing air quality monitoring after an explosion at a U.S. Steel plant south of Pittsburgh killed two people and injured more than 10 others.
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
Read full article: New player arrives in US Steel-Nippon takeover saga with the goal of quashing itAn asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Read full article: US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternativesUnited States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited offers.

US Steel reports first loss since tariffs designed to help industry
Read full article: US Steel reports first loss since tariffs designed to help industryThe steelmarker reported its first loss since early 2017, about a year before the Trump administration imposed 25% tariffs on steel imports in 2018. Those tariffs were designed to help reduce competition for the domestic steel industry and allow companies to add jobs and production. The tariffs did give steel prices a brief spike and prompted some steel companies, including US Steel, to bring shuttered American mills back on line. But the increased production, along with a drop in demand from steel customers, resulted in prices falling back. And late Thursday it reported an operating loss of $35 million in the quarter.