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A second lawsuit targets the international president of the steelworkers union, David McCall, and a rival steelmaking company, Cleveland Cliffs, which had made its own offer for U.S. Steel. That suit, ...
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.
That suit, filed in federal court in Pennsylvania, says the opponents tried to scuttle the sale in order to monopolize the domestic steel market. "We remain confident that the transaction is the ...
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 ...
WASHINGTON, Jan 3: US President Joe Biden issued an order on Friday prohibiting a $14.9 billion sale of America’s leading steel producer, US Steel Corporation, to Japan’s Nippon Steel Corporation (NSC ...