The company still needs investment badly, and it isn’t clear what game of opportunity and survival is being played at the top.
The AP reports that Nippon Steel has threatened to sue over President Biden’s block. Biden’s decision comes after a committee ...
United Steelworkers leadership praised Biden's decision while others fear it may end steelmaking in Western Pennsylvania.
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...
U.S. Steel leaders had warned that without an infusion of capital from Nippon Steel, it would be forced to curtail its legacy ...
President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing national security reasons.
Gary Mayor Eddie Melton says Nippon executives from Japan promised a $1 billion investment in the Gary U.S. Steel plant pending the merger. However, union leaders support President Biden's decision to ...
Community leaders in the Mon Valley are expressing concern over the future of local steel manufacturing and the broader ...
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese ...
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company ...
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...