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U.S. Steel shares dropped after President Donald Trump on consecutive days reiterated his long-held position that he doesn’t want to see the steelmaker owned by a Japanese company.

President Donald Trump ordered a review of the potential sale of U.S. Steel Corp. to Nippon Steel Corp., opening the door to amend a decision by his predecessor to block the transaction.

Ancora Holdings Group has unveiled a turnaround plan for U.S. Steel that it estimates would deliver shareholders more than $75 per-share in value, if a takeover by Nippon Steel falls through.

U.S. Commerce Secretary Howard Lutnick has emerged as a key player in determining the future of United States Steel Corp., holding back-to-back meetings with rival bidders for the American steelmaker last week.

The United Steelworkers said investor Ancora wants to sell U.S. Steel Corp.’s state-of-the-art mills to fund sweeping upgrades of union-run facilities.

President Donald Trump’s steel and aluminum tariffs played out across the country as ripples materialized with broad-reaching impacts on automakers, builders and consumers.

President Trump increased tariffs on all steel and aluminum imports to 25%, promising that the taxes would help create factory jobs at a time when his tariff threats are jolting the stock market.

If President Donald Trump’s tariffs on steel and aluminum take effect at a minute past midnight in Washington on March 12, it will mark a repeat of first-term levies — with one major difference.

President Donald Trump’s threatened steel tariffs that don’t kick in for two weeks are impacting U.S. buyers who already are seeing American-made metal cost more than imports.

Nippon Steel reiterated its objective for the $14.1 billion takeover of U.S. Steel after President Donald Trump said the Japanese company was considering an investment instead.