2:17 PM ESTManufacturing What drove U.S. Steel to choose Arkansas instead of Alabama for $3B mini mill ...

U.S. Steel and Nippon Steel on Friday struck back at what they called President Biden's "unlawful decision" to block its proposed $14.9 billion transaction and vowed to challenge it in court.

In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary ...