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Nippon Steel offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval ...

Shares of U.S. Steel gained following a Washington Post report that Nippon Steel proposed giving the U.S. government power to veto any reduction in the steelmaker's production capacity.

Nippon Steel proposed giving the U.S. government a veto over any reduction in U.S. Steel’s “production capacity” in a last-ditch bid for President Joe Biden’s approval to acquire the ...

Several countries have raised concerns about cheap Chinese steel flooding the global markets. In the U.S., President Biden ... along with the large amounts of steel used across different sectors ...

However, in its review of Nippon Steel’s proposed acquisition of U.S. Steel, it has failed to come to consensus. CFIUS’s failure puts steelworkers, their families and the local economies they ...

The Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on Japan's Nippon Steel's $15 billion acquisition of U.S. Steel. The very committee that is ...

Nippon Steel (OTCPK:NPSCY) extended the closing date for its planned more than $14 billion purchase of US Steel (NYSE:X) to Q1 as it awaits a decision from President Joe Biden on the deal.

Japan’s Nippon Steel said on Thursday it revised the closing date for its purchase of US Steel, expressing confidence that the acquisition will protect and grow the American company. The ...

The review process of the Antitrust Division of the U.S. Department of Justice is also still pending. As a result, we have revised the estimated closing date of the Acquisition. Nippon Steel hopes ...

Japanese steel producer says it remains confident the acquisition “will protect and grow United States Steel.” “Our significant investments in U. S. Steel’s facilities and people will ensure a vibrant ...

TOKYO (Reuters) - Japan's Nippon Steel said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel as U.S. President Joe Biden weighs whether to block a deal ...