President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...
Biden blocks Nippon Steel’s investment bid in an act of American economic masochism.
U.S. Steel has warned that without an infusion of capital from Nippon Steel, it will be forced to curtail its legacy blast furnace investments and shift to cheaper nonunion electric arc furnaces.
Uncover the artistry behind transforming raw stainless steel into perfectly crafted components. Watch as powerful hydraulic presses, rotary cutting, stretching, and punching come together to shape ...
United Steelworkers International President David McCall said Friday afternoon that he had no reason to believe that ...
US Steel shares drop as Biden blocks Nippon Steel merger, likely dealing fatal blow to the contentious plan after a year of review.
President Joe Biden announced Friday that he is blocking the proposed merger of U.S. Steel and Nippon Steel of Japan.
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed ...
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership ...
When you get a great stainless steel frying pan, you can improve your cooking experience. We've figured out the best ones on the market, which can be difficult given the high number of them ...
With the decision by President Biden to block the sale, Pittsburgh-area elected officials made their thoughts known.