Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...
Fears that the U.S. auto industry could face monopolistic pricing and dwindling investment into its preferred steel production are mounting after President Joe Biden on Friday blocked a Japanese compa ...
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel.
President Joe Biden's decision to block Nippon Steel's takeover of U.S. Steel cheered environmental advocates who said Nippon's deal was bad for the climate.
U.S. industry is a major source of the greenhouse gas pollution causing climate change. Some operations emit way more than ...
U.S. industry is a major source of the greenhouse gas pollution causing climate change. Some operations emit way more than ...
President Biden's decision to block the acquisition of U.S. Steel leaves the future of the Gary Works plant 30 miles from ...
Nippon Steel pledged to invest $2.7 billion into U.S. Steel's operations ... an ArcelorMittal facility in Texas and a Cleveland-Cliffs facility in Toledo. Those steelmakers all have been producing ...
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law’’ and ...
The rise of U.S. Steel, a storied American company, runs parallel to the arrival of America on the world stage. With roots ...
Cleveland-Cliffs, one of the Region's biggest steelmakers, named a new board member. The Cleveland-based steelmaker, one of Northwest Indiana's largest employers, appointed Jane M. Cronin to its board ...