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HANCOCK COUNTY, W.Va. — The potential sale of U.S. Steel could have significant implications for the Ohio Valley, particularly for a new facility in Weirton where electric transformers will be ...
Copyright 2025 The Associated Press. All Rights Reserved. A person walks past a Nippon Steel Corporation sign at the company headquarters Tuesday, Jan. 7, 2025, in ...
Biden blocked a $14 billion takeover of U.S. Steel by Nippon Steel, arguing that the sale posed a threat to national security. Cleveland-Cliffs tried to buy U.S. Steel in 2023, an offer that was ...
There’s also the newest wrinkle in the escalating battle: Cleveland-Cliffs, an Ohio-based steel manufacturer, offered to buy U.S. Steel in July 2023 for less than half of what Nippon pledged.
Salena Zito is a Pittsburgh-based columnist for the Washington Examiner. She is the author of "The Great Revolt: Inside the Populist Coalition Reshaping American Politics." BRADDOCK, Pennsylvania ...
Biden said he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to national security. "It is my solemn responsibility as president to ...
That suit, filed in federal court in Pennsylvania, says the opponents tried to scuttle the sale in order to monopolize the domestic steel market. Sponsor Message "We remain confident that the ...
President-elect Donald Trump weighed in as well, questioning the wisdom of the sale given his plans. "Why would they want to sell U.S. Steel now when tariffs will make it a much more profitable ...
US Steel has gone to court to salvage its sale to a Japanese steelmaker. President Biden moved to block that sale last week, citing national security concerns. U.S. Steel is going to court to try ...