27 January 2025

(Reuters) -The Wall Street Journal reported on Sunday that the Nasur investor has built an Ankora Holdings a stake in the United States and wants the steel maker to download an integration agreement with Nippon Steel in Japan, the Wall Street Journal reported on Sunday.

The exact size of Anura's stake in the United States can not be determined. The report said that the active investor also intends to mobilize the shareholders about a plan to overthrow David Bourett, head of the US Steel team in the United States.

WSJ reported that ancora is not interested in following up the sale of the US steel maker to another party Stelco (TSX 🙂 Former President Alan Keastian.

Ancora, US Steel and Nippon Steel did not respond immediately to Reuters request for a comment outside of regular working hours.

Earlier this month, former US President Joe Biden prevented the Nippon Steel deal worth $ 14.9 billion in the United States on national security and postponed a request until June to give Nippon to give up the offer.

Companies filed a lawsuit against the Biden administration to prohibit acquisition.

Donald Trump, who was right as an American president on January 20, also expressed his opposition to Nippon Steel, who is gaining American steel.

“I will prevent this deal from occurring,” Trump wrote on the social media platform in December.

© Reuters. File Image: The Nippon Steel Corporation logo is displayed at the company's headquarters in Tokyo, Japan in this image taken by Kyodo May 1, 2019.

Reuters reported earlier this month that Cleveland-CLIFS Cleveland Cliffs (NYSE 🙂 was participating with Peer nucleus (NYSE 🙂 for a possible all-ash for US Steel.

Cleveland Clevoz had previously suggested obtaining the American steel, but the American steel maker raised concerns about the problems of anti -monopoly and unifying the steel supply for American auto industries. The potential deal can lead to up to 95 % of iron ore production in the United States that is controlled by one company.

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