President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...

A major deal in the steel industry hit a major roadblock Friday after President Joe Biden blocked Japanese-based company ...

Nippon Steel and U.S. Steel will sue after President Biden blocked their $15 billion merger, citing national security.Gary ...

Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...

The deal would have invested $300 million into the Gary Works steel mill, U.S. Steel's largest plant. But President Biden blocked the plan, saying it would make the nation less strong and less secure.

local and national activists would like to see Gary Works install furnaces that can use something called “direct reduced iron” and operate on hydrogen produced with renewable energy.

President-elect Donald Trump's opposition to the U.S. Steel deal with Nippon Steel undermines his claims to helping the ...

Nippon Steel pledged to invest $2.7 billion into U.S. Steel's operations, including nearly $1 billion in Gary Works. The Japan-based steelmaker promised to repair or reline four blast furnaces at ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. The Biden administration's decision to block Nippon ...

"Michael Jackson might be the most famous resident in Gary, but the men and women of Gary works will build the future of the region," Nippon Steel Vice Chairman Takahiri Mori said. Nippon Steel is ...

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President Biden announced that his administration will block the proposed $14.9 billion sale of U.S. Steel to Nippon Steel after conducting reviews of the proposed deal.