President Biden's decision to block the acquisition of U.S. Steel leaves the future of the Gary Works plant 30 miles from ...
President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...
More than one year after a potential purchase of U.S. Steel was announced, President Joe Biden has officially blocked the ...
Steam produced by the US Steel Gary Works plant stretches for miles along the Lake Michigan coast line. The Gary, Indiana, community has had to deal with job losses at the plants, which emit ...
Gary Mayor Eddie Melton supported the merger, saying Nippon Steel had committed $300 million to upgrade the Gary Works steel mill.
A major deal in the steel industry hit a major roadblock Friday after President Joe Biden blocked Japanese-based company Nippon Steel from acquiring U.S. Steel ... into the Gary Works Steel ...
Nippon Steel pledged to invest $2.7 billion into U.S. Steel's operations, including nearly $1 billion in Gary Works. The Japan-based steelmaker promised to repair or reline four blast furnaces at ...
GARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden ...
President Joe Biden cited national security concerns on Friday as he blocked the proposed takeover of U.S. Steel, but Biden's move to scuttle Nippon Steel's $14.9 billion deal also carries ...
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 ...