The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...
For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to ...
The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the ...
Community leaders in the Mon Valley are expressing concern over the future of local steel manufacturing and the broader ...
U.S. Steel leaders had warned that without an infusion of capital from Nippon Steel, it would be forced to curtail its legacy ...
The two firms blasted the decision, calling it a 'clear violation of due process' and a political move, and saying they would ...
Gary Mayor Eddie Melton says Nippon executives from Japan promised a $1 billion investment in the Gary U.S. Steel plant pending the merger. However, union leaders support President Biden's decision to ...
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed ...
WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential ...
Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden blocked their nearly $15 billion acquisition agreement.