President Biden has announced he will block the sale of U.S. Steel to Japanese-owned Nippon Steel, saying the acquisition would “create risk for our national security and our critical supply ...
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0:53 Trump: US steel doing so well that border wall should be made of steel, not concrete U.S. President Joe Biden on Friday followed through on his pledge to block Nippon Steel’s US$14.9 ...
CFIUS had reached a stalemate on its review of the deal on concerns that Nippon’s large size and overseas mills might threaten US Steel’s own output, according to correspondence between the ...
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 ...