By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American ...

Reactions in Pennsylvania are mixed to President Joe Biden's decision to block the sale of Pittsburgh-based U.S. Steel to Nippon Steel of Japan.

President Joe Biden cites US Defense Production Act and credible evidence that Japanese competitor might take action that ...

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 ...

WASHINGTON (Reuters) -Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion bid for U.S. Steel and threatened legal action ...

WASHINGTON :Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security concerns, Nippon Steel has failed to garner approval from a ...

Reuters has reported that a plan by Nippon Steel to acquire US Steel is on track to be blocked. The news agency said on Wednesday a committee reviewing the deal has not come to a consensus to ...

Australia’s Champion Iron said on Thursday Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the company’s Kami project in Canada for C$245 million ($170.41 ...

President Biden’s insistence that blocking the U.S. Steel--Nippon Steel merger would be beneficial for U.S. security and the career prospects of U.S. Steelworkers reflect a fundamental ...

Nippon Steel is ... $2.7 billion into U.S. Steel's operations, including nearly $1 billion in Gary Works. "The workers I have met are proud to wear the U.S. Steel logo and passionate about ...

(Reuters) -- The U.S. Treasury has informed Japan's Nippon Steel that the panel reviewing its proposed $14.9 billion purchase of U.S. Steel has not yet come to an agreement on how to address ...