Market Chatter: US Commerce Chief Holds Meetings With Rival Bidders for US Steel

MT Newswires Live
02 Apr

US Commerce Secretary Howard Lutnick held back-to-back meetings over the past week with Nippon Steel and Ancora Holdings to discuss their respective bids for United States Steel (X), Bloomberg reported Tuesday, citing people familiar with the proceedings.

X shares were gaining 1.1% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 42.73, Change: +0.47, Percent Change: +1.11

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