U.S. Steel CEO David Burritt called the administration's decision to block Nippon Steel's $14.9 billion acquisition "shameful and corrupt." Burritt courted buyers for the 124-year-old steel company ...
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 ...