The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership ...
President Joe Biden’s decision Friday to block the sale of U.S. Steel to a Japanese ... a “hot mill,” which shapes semifinished steel into sheets and bars, and dates to 1938.
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U ...
The Biden administration said trade and national security experts in the executive branch found that the proposed sale “would place one of America’s largest steel producers under foreign ...
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.
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 ...
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WHEN ASKED IF U.S. STEEL CAN REMAIN COMPETITIVE WITHOUT A SALE, MCCALL SAID THIS STEELWORKERS IN AMERICA ARE THE MOST PRODUCTIVE STEEL WORKERS IN THE WORLD, SO WE CAN COMPETE WITH ANYBODY.
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel ...
SO WE’LL BE WATCHING U.S. STEEL’S FUTURE DECISIONS CLOSELY. ROBICHAUX TELLS ME THIS DEAL COULD STILL GO THROUGH IF A COURT OVERTURNS THE DECISION, BU On Friday, President Joe Biden blocked the $14.9 ...