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 ...

The Swedish startup Stegra has raised close to $7 billion to produce zero-emissions steel using green hydrogen starting in 2026. As of 2023, nearly 2 billion metric tons of it were being produced ...

TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab said ... merger to avoid marring recent efforts to strengthen ties between the countries, Reuters reported in November.

WASHINGTON — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U ...

A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel ...

The Standard's journalism is supported by our readers. When you purchase through links on our site, we may earn an affiliate commission. Well now it’s time to ditch these utensils and invest in ...

Mexico will impose a 36.23% tariff on imports of steel wire used for welding from Vietnam, saying they are harming local producers in Latin America’s second-largest economy.

After a year of intense debate, it’s now up to President Joe Biden whether to allow the sale of U.S. Steel to Nippon Steel, a Japanese company — a decision that will send a strong signal about ...

After a four-and-a-half-year military standoff along their disputed Himalayan border, ties between India and China witnessed a thaw in 2024 with both sides withdrawing troops from two flashpoints.

A high-level government review board has told the White House it is unable to reach a consensus on the national security risks involved in Nippon Steel’s proposed acquisition of U.S. Steel ...

Mr. Burritt is the president and chief executive of U.S. Steel. This is a pivotal moment for the future of American manufacturing. The United States must make the right decision. U.S. Steel agreed ...