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United States Steel (X -2.84%), which is usually just called U.S. Steel, is an iconic name in the global steel industry. But sadly, it's no longer an industry-leading company.
Activist investor Ancora Holdings is demanding access to records from U.S. Steel , ranging from board minutes to financial documents, as it ratchets up a campaign to replace some of the company's board members and chief executive, according to a letter seen by Reuters.
Investors looking for stocks in the Steel - Producers sector might want to consider either ArcelorMittal (MT) or United States Steel (X). But which of these two companies is the best option for those looking for undervalued stocks?
Japanese Prime Minister Shigeru Ishiba said on Monday the decision by a United States government review board and then-President Joe Biden to block Nippon Steel's acquisition of U.S. Steel was "unjust political interference."
Seeing as steel production is likely to increase in the U.S., it may be a worthy topic of which stock is the better investment at the moment between United States Steel (X) and Nucor (NUE).
U.S. President Donald Trump on Friday said he wouldn't mind if Japan's Nippon Steel took a minority stake in U.S. Steel.
There comes a time every once in a cycle when the market gets too invested in either a bullish or bearish view, and just like any other physical marketplace, the stock market can then trigger a major shift to the opposite end of this concentrated view. Investors can imagine the bottlenecks and mania that would be caused by this shift, which is why keeping track of sentiment gauges is so important.
U.S. President Trump speaks from the Oval office on interest rates, tariffs and more.
Following recent developments, U.S. Steel's stock appears to be in a good spot to attract investors' attention in 2025. In spite of certain short-term risks, the probability of U.S. Steel outperforming its Cleveland-based peer is quite high. The turnaround story deserves attention as asset turnover and margins improvements could have a profound impact on the current multiple.
While tariff chatter dominates headlines, JPMorgan analyst Bill Peterson sees bigger implications for steel stocks beyond the political drama.