“We should be making more steel beams and pipes that should be exported ... African government to come down hard and stop the sale of scrap metal. If not, we will continue to have thousands ...

Simultaneously, the central bank's restriction on importing big ships hurt the industry," he said. In 2024, the fall in the local steel demand caused the price of scrap steel to decrease, discouraging ...

with Republican President-elect Donald Trump and incoming vice president JD Vance also campaigning against the sale. "This acquisition would place one of America's largest steel producers under ...

U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese corporation Nippon Steel “shameful” and “corrupt” in a ...

It supplies the world's top automakers, including Toyota Motor Corp., and makes steel for railways, pipes, appliances and skyscrapers. In September, Mr. Biden issued an executive order expanding ...

President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...

U.S. President Joe Biden has decided to block the $14.1 billion takeover of United States Steel Corp. by Japan's Nippon Steel Corp., U.S. media reported Friday. The announcement is expected to be made ...

President Joe Biden on Friday blocked Nippon Steel Corp.’s proposed $14.9 billion acquisition of United States Steel Corp., ending a yearslong pause on the deal and setting up potential legal ...

US PRESIDENT Joe Biden has decided to officially block Nippon Steel’s proposed US$14.9-billion purchase of US Steel, the Washington Post reported, putting an end to a long-running and contentious ...

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 ...

WASHINGTON -- The FBI has released new information and video of the individual who planted pipe bombs outside the headquarters of both the Republican National Committee and the Democratic National ...

U.S. President Joe Biden has decided to officially block Nippon Steel's proposed purchase of U.S. Steel, Washington Post reported on Thursday, citing two administration officials who were not ...