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

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

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

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 ...

In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...

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 ...

U.S. Steel and its would-be Japanese suitor filed twin lawsuits Monday to defend their $15 billion merger. President Biden issued an order on Friday to block the deal, citing national security ...

The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...

The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal ...

union-represented steel mills. After its peak, the company began to fall behind upstart competitors, both foreign and domestic. First, it fell behind competitors in Japan and Germany, which were ...

(CBS) --President Joe Biden blocked a $15 billion proposal by Japan's Nippon Steel to buy ... invested $300 million into the Gary Works steel mill, U.S. Steel's largest plant.

"As I have said many times, steel production—and the steelworkers who produce it—are the backbone of our nation. A strong ...