Demand for Lightweight Vehicles: Increasing demand for fuel-efficient and lightweight vehicles is driving the adoption of carbon fiber composites in automotive manufacturing. Rise in Electric Vehicles ...

Nippon Steel (NPSCY) issued the following statement regarding the timely disclosure titled “Acquisition of United States Steel Corporation” dated as of December 18, 2023, “Nippon Steel ...

A US government panel could not reach consensus on whether US Steel's acquisition by Japan's Nippon Steel threatened Washington's national security, with the White House now likely to block the ...

WASHINGTON – Nippon Steel’s $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has ...

WASHINGTON: Nippon Steel's US$15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has ...

Under the terms of the proposed $14.9 billion all-cash deal, U.S. Steel would keep its name and its headquarters in Pittsburgh, where it was founded in 1901 by J.P. Morgan and Andrew Carnegie. It ...

A key U.S. government panel has reached an impasse over Nippon Steel‘s NPSCY $14.9 billion bid for United States Steel Corporation X, shifting the final decision to President Joe Biden amid ...

WASHINGTON — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U ...

(CNN) — A committee of top government agency officials has notified President Joe Biden that it has not reached a consensus on whether a sale of US Steel to a Japanese rival poses a national ...

The economic risk, however, is giving up Nippon Steel's potential investments in the mills and upgrades that might help preserve steel production within the United States. Under the terms of the ...

Nippon Steel (OTCPK:NPSCY) alleged that the Biden administration had "impermissible undue influence" over a national security review of its more than $14 billion planned acquisition of US Steel ...