Photo: The United States Steel logo is pictured outside the headquarters building in downtown Pittsburgh, April 26, 2010. (AP Photo/Gene J. Puskar, File) A powerful government panel on Monday ...
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 ...
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 ...
WASHINGTON—Nippon Steel and US Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said ...
The firms accuse the Biden administration of blocking the merger for "purely political reasons". View on euronews ...
U.S. Steel has said it needs the cash from Nippon Steel to keep investing in blast furnaces like the ones in Pennsylvania.
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...
Nippon Steel and US Steel filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly ...
Biden cites national security as a chief reason for his decision, but the steelmakers say the ruling is politically motivated ...
What the bipartisan merger opposition seemed to have in common in 2024 was a quest for voter support. Candidates from both ...
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...