President Biden stopped the $15 billion deal over national security and supply-chain concerns. U.S. Steel CEO David B. Burritt blasted the decision, calling Mr. Biden's action "shameful" and ...

SEWICKLEY, Pa. & CHICAGO HEIGHTS, Ill. & INDIAN ROCKS BEACH, Fla., January 14, 2025--Esmark, Inc. and Esmark Steel Group ...

The White House over the weekend extended the deadline for Nippon to permanently end its pursuit of U.S. Steel until June.

safeguarded our national security and helped preserve a domestic steel industry that underpins our country’s critical supply ...

President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel ... as well as supply chain resiliency. The U.S., he said, needs domestic ...

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 ...

A US Steel Corp. lawsuit against the United Steelworkers president and a rival manufacturer is likely to fail in court using ...

In 2024, steel prices faced downward pressure due to slumping demand as well as the supply glut, also originating from China. The World Steel Association reported that in July 2024, global steel ...

The £1.2bn electric arc furnace at Port Talbot will supply steel to construction equipment manufacturer JCB once operational. The electric arc furnace (EAF) from Tata Steel UK, following the ending of ...