Market
What will be U.S. Steel's strategic direction by end of 2025?
3
Resolution / Starting Odds
Seek another merger/acquisition • 25%
Focus on domestic expansion • 25%
Undergo restructuring • 25%
Other strategic direction • 25%
Official announcements from U.S. Steel or major financial news outlets
Story
Biden Blocks Nippon Steel's $14.9 Billion U.S. Steel Acquisition on National Security Grounds
Jan 3, 2025, 01:36 PM
President Joe Biden has officially blocked Nippon Steel's proposed acquisition of U.S. Steel for $14.9 billion, citing national security concerns. Announced on Friday after a year-long review, the decision effectively ends the contentious merger plan between the once-iconic American company and Japan's largest steelmaker. Biden stated, 'Without domestic steel production and domestic steel workers, our nation is less strong and less secure.' The move has sparked political tensions between the United States and Japan. U.S. Steel has indicated that, without the deal, it may have to close down steel mills.
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Focuses on domestic growth • 25%
Merges with another U.S. company • 25%
Undergoes restructuring • 25%
Seeks another foreign investor • 25%
Other • 25%
Seek another buyer • 25%
Focus on internal growth • 25%
Partnership with another company • 25%
Significant restructuring • 25%
Increased profitability • 25%
Decreased profitability • 25%
Status quo • 25%
Remains independent • 25%
Acquired by a U.S. company • 25%
Other • 25%
Acquired by a foreign company • 25%
Acquired by another foreign entity • 25%
Acquired by another U.S. entity • 25%
Remains independent • 25%
Owned by Nippon Steel • 25%
Acquired by Foreign Entity • 25%
Other • 25%
Remains Independent • 25%
Acquired by Domestic Entity • 25%
No significant change • 25%
Other • 25%
Decreased capacity • 25%
Increased capacity • 25%
No change announced • 25%
Remains in Pittsburgh • 25%
Moves to a different U.S. city • 25%
Moves outside the U.S. • 25%