The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...

US President Joe Biden has blocked the takeover of US Steel by a bigger Japanese firm, delivering on a political promise ...

President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of U.S. Steel by Japan’s Nippon Steel, marking a ...

The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal ...

TOKYO (Reuters) - Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection ...

The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...

U.S. Steel was once a symbol of American industrial might ... “A strong domestically owned and operated steel industry represents an essential national security priority and is critical for ...

“China’s over-capacity is likely to continue to place pressure on steel exporters… and heighten the need for Nippon Steel to ...