Hearing on Nippon Steel’s lawsuit over US Steel bid set for Feb-March, Kyodo says

The hearing for a lawsuit that Nippon Steel and US Steel brought against US President Joe Biden’s administration is scheduled for February and March, Kyodo news agency reported on Monday, without citing sources.

The two steelmakers on Jan. 6 filed the lawsuit against Biden’s order blocking Nippon Steel’s planned $14.9 billion buyout of US Steel on national security concerns.

Read More: Cleveland-Cliffs teams up with Nucor in potential US Steel bid – report

(Reporting by Kiyoshi Takenaka; Editing by Toby Chopra)

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

Hearing on Nippon Steel’s lawsuit over US Steel bid set for Feb-March, Kyodo says

By Reuters

Reuters

Reuters

'Unseen' forces moving a lot of gold back to the U.S.? What's really happening – Josh Phair

Gold’s rally teeters as demand falls in China and India, silver faces further downside risk – Heraeus

DeCarley Trading’s Carley Garner, sees gold topping out like it did in 2011

Gold prices are being driven by flows and central banks, not macro and investors: Here’s how to tell – IG

Trade wars: This is how much the U.S. is spending on mineral imports from Canada