President Joe Biden blocked the USD 15 billion acquisition of US Steel by Japan's Nippon Steel on Friday something he had ...

With roots dating to the late 19th century, Pittsburgh-based U.S. Steel has produced the materials used for everything from the nation's bridges and skyscrapers to its tanks and battleships.

But for now, if you’re wondering what the playoff picture looks like, you’ve come to the right place. A few teams have already been eliminated (sorry to your squad if you root for them ...

Most observers regarded the deal as a win-win. It would have combined two companies with complementary capabilities to strengthen the American steel industry at a time when the country needs to secure ...

Because of the enormous size of the Chinese steel industry, any change in domestic production can have an outsized impact on the steel industries in other countries. Both President Trump and Biden ...

As U.S. Ambassador to Japan Rahm Emanuel noted when the deal was first announced, “These two iconic companies are defining the future of the key steel industry and forging a strong bond as they ...

TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel (X.N), opens new tab as U.S ...

The mixed bag returns by Steel manufacturers have been led by range bound steel prices in the domestic markets, though steel demand in the country has remained good. The weak China demand has been ...

Nippon Steel also said it was best positioned to help American steel compete in an industry dominated by the Chinese. The proposed sale came during a tide of renewed political support for ...

TOKYO, Dec 25 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab is seeing support for its proposal to acquire U.S. Steel (X.N), opens new tab in the regions of the United States where steel ...