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Biden blocks US Steel sale

Hosted on MSN · 3d

President Biden blocks Japanese takeover of U.S. Steel. What does it mean for Gary, Indiana steel mill?

Gary Mayor Eddie Melton supported the merger, saying Nippon Steel had committed $300 million to upgrade the Gary Works steel mill.

CNN on MSN · 2d

Biden blocks Japan’s Nippon from taking over US Steel

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his administration.

New York Post on MSN · 20h

US Steel, Nippon sue Biden over move to block $14B deal: ‘Shameful and corrupt’

The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal’s review process, and harming American steel workers by blocking the

11h

Nippon Steel’s Thwarted Bid Sets Up Tougher Rivalry With Chinese Mills

Nippon Steel Corp.’s thwarted bid to expand in the US could mean tougher competition for Chinese mills in an already ...

6don MSN

Japanese buyer sends Biden new U.S. Steel proposal in final bid for support

Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...

1d

'Steel is all around us:' Despite uncertain future locally, U.S. Steel’s connection to this region and its people endures

President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...

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