The firms accuse the Biden administration of blocking the merger for "purely political reasons". View on euronews ...

Nippon Steel and U.S. 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 that the ...

Nippon Steel and U.S. 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 that the ...

The companies accused steel-making rival Cleveland-Cliffs Inc. and its CEO, Lourenco Goncalves, of working with the ...

Whatever the potential fallout is for U.S. Steel and its headquarters office downtown or its other holdings elsewhere, the ...

U.S. Steel has said it needs the cash from Nippon Steel to keep investing in blast furnaces like the ones in Pennsylvania.

U.S. Steel and its would-be Japanese suitor filed twin lawsuits Monday to defend their $15 billion merger. President Biden issued an order on Friday to block the deal, citing national security ...

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

US Steel has gone to court to salvage its sale to a Japanese steelmaker. President Biden moved to block that sale last week, citing national security concerns.