President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...
President Biden is blocking U.S. Steel's merger with a Japanese company. But a new owner can't do worse by Gary than U.S. Steel already has.
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with ...
Proponents of the deal underline that Nippon is already invested in numerous steel manufacturing facilities across America, including Standard Steel in Burnham, Pennsylvania, and ...
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
Nippon Steel has manufacturing operations in the U.S., Mexico, China and Southeast Asia. It supplies the world's top automakers, including Toyota Motor Corp., and makes steel for railways ...
Biden cites national security as a chief reason for his decision, but the steelmakers say the ruling is politically motivated and are considering legal action. Employees working at the U.S. Steel ...