Full-year 2023 net earnings was $895 million, or $3.56 per diluted share, and adjusted net earnings was $1,195 million, or $4.73 per diluted share.

He wouldn’t say if he’d make another offer for US Steel if the Nippon deal collapsed.

Nucor acknowledges it was interested in acquiring some of United States Steel's assets, but dropped out of the bidding near the end over concerns about the price.

Nucor shares have added about 0.6% since the beginning of the year versus the S&P 500's gain of 2.5%.

Nippon Steel declined to comment on the possible issuance of bonds and new shares.

Transnet Freight Rail’s (TFR) groundbreaking manganese export project entered into with Kalagadi Manganese (Pty) Ltd, has yielded positive rewards for new emerging miner entrants.

According to the Ministry of Industry and Construction of Kazakhstan, in2023 the country produced 4 million tons of steel.

Japanese trading house Sumitomo Corp on Monday slashed its output estimate of nickel at its Ambatovy project in Madagascar due to system glitches.