As the snow accumulates in winter, homeowners need to rely on shovels, snowblowers, and de-icing solutions to keep the ...

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

One pioneer of this mini-mill technology, now Charlotte-based Nucor (NUE) has a market capitalization of $26.9 billion, compared to US Steel’s value of just over $7 billion. US Steel “peaked ...

Jan. 1 (UPI) --Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U.S. Steel if the federal government approves a proposed ...

Nippon Steel waged a public relations campaign to win over supporters, even offering USD 5,000 in closing bonuses to US Steel employees, a nearly USD 100 million expense. A growing number of ...

Nippon Steel said it will sue the US government ... including allowing the US government veto power over changes to output. Japan’s biggest steelmaker also hired former US Secretary of State ...

Instead, the committee voiced concern over national security and the threat to domestic steel production. Nippon, however, said the billion-dollar agreement has been caught up in election-year ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...

WASHINGTON - US President Joe Biden blocked Nippon Steel’s proposed US$14.9 billion ... CFIUS was split over a decision and did not make a recommendation on the deal. “If they go to court ...