WASHINGTON/TOKYO, Jan 3 (Reuters) - U.S. President Joe Biden blocked Nippon Steel's (5401.T), opens new tab proposed $14.9 billion purchase of U.S. Steel (X.N), opens new tab on Friday ...

A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel ...

The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal. By Alan Rappeport and ...

Please think about the past and future in contemplating U.S. Steel’s situation. Tokyo-based Nippon Steel has offered to purchase the Pennsylvania-based steelmaker for over $14 billion.

Direct reduced iron, along with high-quality scrap, are necessary for the production of high-grade steel from large electric arc furnaces, which Nippon Steel aims to build to reduce carbon emissions.

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