U.S. Steel Reviews Acquisition Offers Amid Planned Capex Reduction
U.S. Steel Reviews Acquisition Offers Amid Planned Capex Reduction
October 30, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--As United States Steel Corporation (U.S. Steel) (NYSE:X) (Pittsburgh, Pennsylvania) continues to evaluate acquisition offers, the steelmaker expects to see lower capital investment in 2024 and in the future as its growth projects become operational--particularly assets at its Big River Steel operations in Osceola, Arkansas.
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