President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company ...

U.S. Steel has warned that without an infusion of capital from Nippon Steel, it will be forced to curtail its legacy blast furnace investments and shift to cheaper nonunion electric arc furnaces.

By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked Nippon ...

The embattled $14.9 billion bid will likely be scrapped if the President declines to approve Nippon Steel's merger plan, administration officials said.

President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have vowed to challenge the decision and continue pursuing the deal.

President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national ...

Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

"A strong domestically owned and operated steel industry represents an essential national security priority and is critical for resilient supply chains," Biden said in ...

US President Joe Biden is poised to officially block Nippon Steel's proposed USD 14.9-billion purchase of US Steel, a person ...

Nippon Steel (NPSCY) plans to file a lawsuit against the U.S. after the government decided to block its acquisition of U.S. Steel (X), Nikkei ...

President Joe Biden on Friday blocked the controversial $14.9-billion sale of US Steel to Japan's Nippon Steel, citing ...