Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...

The suit, filed in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and ...

Photo courtesy of U.S. Steel Corp. Japanese steel company Nippon Steel Corp.’s (NSC’s) $14.9 billion bid to acquire Pittsburgh-based United States Steel Corp. has been rejected by President Joe Biden ...

Update, Jan. 6: Nippon Steel and US Steel have filed ... In a last-ditch effort to keep the deal alive, NSC proposed giving the US government veto power over any reductions to US Steel’s production ...

Regarding the Japanese company writes, “Nippon Steel hopes that the president will use this time to conduct a fair and fact-based evaluation of the acquisition," NSC says regarding the 15-day review ...

U.S. President Joe Biden has decided to block Nippon Steel's $14.9 billion ... compelling rationale for our transaction with NSC," said U.S. Steel President and CEO David B. Burritt.