US Steel Canada Inc., a wholly owned subsidiary of United States Steel Corp. (X), announced that it has completed the previously announced sale of its 44.6% interest in the Wabush Mines Joint Venture, which owns and operates iron ore mining and pellet facilities in Newfoundland and Labrador and Quebec, Canada.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.