President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That ...

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

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

US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...

(The Center Square) – Federal interference threatened operations for two Pennsylvania steel companies this year. The allies ...

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, ...

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

The companies also filed a second suit against the head of the United Steelworkers union and steel company Cleveland Cliffs, ...

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision ...

The CEO of U.S. Steel scolded President Biden for blocking the $14 billion acquisition of U.S. Steel by Japan-based firm Nippon Steel and revealed his plans to sue.

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