A Nippon Steel executive condemned President Joe Biden for blocking the company’s purchase of U.S. Steel. After Biden blocked ...
We believe he blocked our deal over electoral politics, not security.
The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows ...
United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and ...
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied ...
U.S. Steel and Nippon have been working since the end of 2023 on this proposal. Biden announced he is blocking it on January 3rd. The two companies then filed federal lawsuits.