In March, Biden released an official statement saying that "it is vital for [U.S. Steel] to remain an American steel company that is domestically owned and operated." U.S. President-elect ...

Nippon Steel continues to push for presidential support of its proposed $14.9 billion purchase of U.S. Steel, despite concerns that such a deal could lower American steel production and create a ...

NIPPON Steel offered to give the US government a veto over any reduction in US Steel’s production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval for its ...

7 deadline for a final decision, could condition approval of the takeover on Nippon Steel complying with a set of additional requirements, such as the preservation of American jobs, one of the ...

Though US Steel is an iconic company central to the construction of modern America, it is now only the twenty-fourth largest steelmaker in the world and the third largest in the United States. Most ...

the burden of proof is on those opposing Japanese investment in American steel production to explain why it does. CFIUS could not meet this burden and refrained from issuing a recommendation ...

TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel (X.N), opens new tab as U.S ...

Both Biden and President-elect Donald Trump have courted unionized workers at U.S. Steel and vowed to block the acquisition amid concerns about foreign ownership of a flagship American company.