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Shares of American steelmakers rallied sharply on Monday following the order.—Jesse Pound, CNBC, 11 Feb. 2025 Nippon was offering $55 per share, well above the $35 offered by U.S.-based steelmaker Cleveland-Cliffs, and way above the $30 that U.S. Steel’s shares were trading for at the time.—Peter Green, Quartz, 27 Jan. 2025 Labor groups applauded while businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over national security concerns.—Tobias Burns, The Hill, 3 Jan. 2025 Bank of America Securities also highlighted future headwinds, despite the benefit the steelmakers will see from more expensive imports.—Michelle Fox, CNBC, 3 Feb. 2025 See All Example Sentences for steelmaker
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