President Joe Biden on Jan. 3 blocked the $15-billion sale of U.S. Steel Corp. to Nippon Steel Corp. under the federal Defense Production Act—citing national security concerns and "credible ...
FILE - A staff enters doorway next to Nippon Steel logo at the company's Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024. (AP Photo/Ayaka McGill, File) FILE - A staff enters doorway next ...
A staff member enters a doorway next to the Nippon Steel logo on Friday, Dec. 6, 2024, at the company’s Kashima Plant in Kashima, Japan. (AP Photo/Ayaka McGill) “During Mr. Biden’s re ...