The Region congressman's priorities include supporting the domestic steel industry, bringing home federal investments, and ...

WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the ...

WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the ...

U.S. Steel had also said it hoped Biden would approve the transaction. Nippon Steel first announced in December 2023 that it planned to purchase U.S. Steel for roughly $15 billion.

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his vow in March to block the acquisition.

Japan’s Nippon Steel had proposed $14.9 billion for US Steel. Getty Share WASHINGTON — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to ...

President Joe Biden on Friday blocked US Steel’s (X) $14 billion sale to Japanese giant Nippon Steel on national security concerns, creating new uncertainty for an iconic American steelmaker.

U.S. President Joe Biden has decided to block Nippon Steel's $14.9 billion takeover bid of U.S. Steel, The Washington Post reported Friday, citing two unnamed administrative officials who did not ...