President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...
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 ...
A major deal in the steel industry hit a major roadblock Friday after President Joe Biden blocked Japanese-based company ...
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.
"As I have said many times, steel production—and the steelworkers who produce it—are the backbone of our nation. A strong ...
U.S. Steel and Nippon Steel on Monday filed a lawsuit against the U.S. government over President Joe Biden’s order blocking the sale of the Pittsburgh-based steel company to the Japanese firm. The ...
Biden previously expressed opposition to the deal and said that U.S. Steel should remain an American-owned and ...
I have to be the chief advocate for this community." He said Nippon pledged a $300 million investment into the Gary Works Steel Plant, believing it would allow for cleaner production of steel in ...
After more than a year, after promises of big investments, threats of closing plants and criticisms about the cost of potentially turning over of the most iconic American steel companies to foreign ...
Gary shares first-time Pro Bowl honors with McKinney, whom Green Bay signed as unrestricted free agent in March. It's the ...
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 ...