U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed $14 billion acquisition of ...

SO FAR. NIPPON STEEL IS HOPING THEIR LATEST OFFER WILL GET A DEAL OVER THE FINISH LINE AND CONVINCE PRESIDENT JOE BIDEN TO APPROVE THEIR PURCHASE OF U.S. STEEL. NIPPON STEEL SENT A LETTER TO THE ...

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

U.S. Steel and Nippon Steel filed lawsuits on Monday over President Joe Biden's decision to stop the Japanese company's proposed nearly $15 billion takeover of its Pittsburgh-based rival.

IN CAMPAIGN TRIPS LIKE THIS ONE TO PITTSBURGH LAST APRIL, NIPPON AND U.S. STEEL SAY PRESIDENT BIDEN SPOKE OUT AGAINST THE MERGER LONG BEFORE A SECURITY REVIEW TOOK PLACE. THE LAWSUIT, FILED IN D.C ...

For months, United States Steel argued that selling out to Japanese-owned Nippon Steel was the only way to survive. President Joe Biden thought different, concluding that even a takeover by a ...

In a last-ditch effort to gain approval for its acquisition of U.S. Steel, Nippon Steel is offering a 10-year guarantee that it would not reduce production capacity at U.S. Steel’s mills in six ...

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...

WASHINGTON: US President Joe Biden on Friday (Jan 3) followed through on his pledge to block Nippon Steel's US$14.9 billion bid for US Steel, citing concerns the deal could hurt national security.

Tokyo | The chief executive of Nippon Steel has warned that tariffs alone will not create a stronger American steel industry, as he pursues legal action aimed at persuading Donald Trump’s ...

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