This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order ...
President Biden is blocking the proposed $14 billion acquisition of U.S. Steel by Nippon Steel. "A strong domestically ... falls through," Burritt told The Wall Street Journal in an interview.
"It's clear from U.S. Steel's recent financial performance that it can easily remain a strong and resilient company ... undershooting Wall Street forecasts of nearly $262 million.
“It is my solemn responsibility as President to ensure that, now and long into the future, America has a strong domestically owned and operated steel industry that can continue to power our ...