
PSX News Updates
February 7, 2025 at 07:04 AM
*Trump, U.S. Steel CEO discuss Nippon Steel's takeover proposal*
President Donald Trump met U.S. Steel Chief Executive David Buritt at the White House on Thursday as the struggling steelmaker has been pushing for a decision on its long-sought takeover by Japan's Nippon Steel.
A $14.9 billion bid for U.S. Steel by Nippon Steel was blocked last month by former President Joe Biden.