U.S. Steel and its would-be Japanese suitor Nippon Steel have gone to court to defend their $15 billion merger, after President Biden on Friday moved to block the deal, citing national security ...

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 ...

TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...

The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse. By Danielle Kaye and Lauren Hirsch A possible new ...

Local steelworkers are holding out hope that the U.S. Steel sale with Nippon Steel goes through. This week Cleveland Cliffs CEO Lourence Goncalves offered to buy the Steel giant. The offer comes ...

President Biden made a mistake blocking the U.S. Steel-Nippon merger. The onus is now on the courts to recognize this error and ensure the continued credibility of ...

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks. By Santul Nerkar For more than a year, U.S ...

TOKYO (Reuters) - Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its ...

President Biden's decision to block Nippon Steel's proposed acquisition of U.S. Steel for $14 billion was based on national security concerns – a rationale that has sparked pushback. Biden ...

S. Steel’s ability to compete and Nippon Steel’s ability to provide American-made steel to American consumers Determined that these legal actions are the necessary path toward closing the ...

U.S. Steel and Nippon Steel filed lawsuits on Monday over President Joe Biden's decision to stop the Japanese company's proposed nearly $15 billion takeover of its Pittsburgh-based rival.

As he heads for the exit, however, one of Biden's final executive actions lays the groundwork for a massive consolidation of the American steel industry. In blocking U.S. Steel's acquisition by ...