Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...
The president's decision comes after U.S. Steel CEO David Burritt warned that if the firm's acquisition by Nippon Steel fell ...
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law’’ and ...
Nippon Steel and U.S. Steel will sue after President Biden blocked their $15 billion merger, citing national security.Gary ...
President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...