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 ...
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 ...
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 ...
The move nevertheless enjoyed rare bipartisan agreement, with Republican US president-elect Donald Trump and incoming vice president J.D. Vance also campaigning against the sale. “This acquisition ...
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 ...