Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, ...

Biden had previously been vocal about his intention to keep US steel domestically owned and run. President-elect Donald Trump, who will take office on January 20, has also vowed to block a foreign ...

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...

President Joe Biden is preparing to formally block Nippon Steel Corp’s (OTC:NPSCY) nearly $15-billion acquisition of United States Steel Corp (NYSE:X), according to a Wednesday Washington Post ...

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.