Shares in US Steel soar as Donald Trump orders security review of sale

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Shares of US Steel are rising ahead of the bell after President Donald Trump ordered a new national security review of Nippon Steel’s proposed bid to buy US Steel for nearly 15 billion US dollars.

A Wall Street sign is displayed near the New York Stock Exchange in New York (Seth Wenig/AP) Shares of US Steel are rising ahead of the bell after President Donald Trump ordered a new national security review of Nippon Steel’s proposed bid to buy US Steel for nearly 15 billion US dollars. President Joe Biden blocked the deal just before leaving office and Mr Trump had vowed to do the same in previous months..