Update: President Biden announced Friday morning he is blocking the U.S. Steel-Nippon Steel deal "to ensure that, now and long into the future, America has a strong domestically owned and operated ...

Nippon Steel offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval ...

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 ...

and a long stretch of protectionist U.S. tariffs that analysts say has helped reinvigorate domestic steel. Chaired by Treasury Secretary Janet Yellen, CFIUS screens business deals between U.S ...

The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal. By Alan Rappeport and ...

Please think about the past and future in contemplating U.S. Steel’s situation. Tokyo-based Nippon Steel has offered to purchase the Pennsylvania-based steelmaker for over $14 billion.