US Steel surges to multiyear highs as Trump approves Nippon takeover

  • Posted on June 16, 2025
  • By Bing News
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US Steel surges to multiyear highs as Trump approves Nippon takeover

US Steel (NYSE:X) +5.1% in Monday's trading to as high as $54.91, the stock's best level in at least a decade, after President Trump issued an executive order that allowed the company to finalize its merger with Japan's Nippon Steel (OTCPK:NISTF) (OTCPK:NPSCY), whose shares rose ~1.5% in Tokyo. "All regulatory approvals required for the completion ...
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