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U.S. Steel up after Trump orders fresh review on buyout by Nippon Steel

ReutersApr 7, 2025 3:14 PM

Shares of United States Steel Corp X.N rise 12.5% to $43.07

U.S. President Donald Trump orders fresh review of Nippon Steel's 5401.T bid for U.S. Steel

Directs Committee on Foreign Investment in the United States (CFIUS) to review the deal by the buyers to help determine whether further action may be appropriate

Investors now hopeful of the highly scrutinized deal being greenlit by Trump administration

Including session gains, stock had risen 26.8% YTD

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