Nippon Steel offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval ...

On December 18, 2023, Nippon Steel, the fourth largest steelmaker in the world, announced it was buying United States Steel (US Steel) for $14.9 billion. Though US Steel is an iconic company central ...

The Swedish startup Stegra has raised close to $7 billion to produce zero-emissions steel using green hydrogen starting in 2026. As of 2023, nearly 2 billion metric tons of it were being produced ...

TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel (X.N), opens new tab as U.S ...

WASHINGTON — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U ...

The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal. By Alan Rappeport and ...

WASHINGTON, Dec 24 (Reuters) - Nippon Steel's (5401.T), opens new tab $15 billion bid for U.S. Steel (X.N), opens new tab has been referred to U.S. President Joe Biden, a White House spokesman ...

After a year of intense debate, it’s now up to President Joe Biden whether to allow the sale of U.S. Steel to Nippon Steel, a Japanese company — a decision that will send a strong signal about ...

Please think about the past and future in contemplating U.S. Steel’s situation. Tokyo-based Nippon Steel has offered to purchase the Pennsylvania-based steelmaker for over $14 billion.

A high-level government review board has told the White House it is unable to reach a consensus on the national security risks involved in Nippon Steel’s proposed acquisition of U.S. Steel ...

Mr. Burritt is the president and chief executive of U.S. Steel. This is a pivotal moment for the future of American manufacturing. The United States must make the right decision. U.S. Steel agreed ...

Total imports of finished steel were at an eight-year high with India, the world's second-biggest crude steel producer, a net importer during the period. India shipped in 6.5 million metric tons of ...