"A strong domestically owned and operated steel industry represents an essential national security priority and is critical for resilient supply chains," Biden said in a statement. "Without domestic ...

That would have allowed Nippon Steel to advance more proposals to minimize potential national security risks, effectively pushing the matter to the next administration, according to three officials.

After all, the president said that a domestically owned and operated steel industry is important to national security. But what Nippon Steel was saying is, we're still going to make it in the ...

Copyright 2025 The Associated Press. All Rights Reserved. New Orleans police and federal agents investigate a deadly New Year’s Day truck attack on Bourbon Street ...

Copyright 2025 The Associated Press. All Rights Reserved. President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...

President Joe Biden officially blocked Nippon Steel’s proposed $14.9 billion purchase of US Steel on Friday, citing national security concerns — dealing a potentially fatal blow to the ...

to Nippon Steel Corp. under the federal Defense Production Act—citing national security concerns and "credible evidence" that the Japan-based steelmaker "might take action that threatens to ...

US President Joe Biden on Friday blocked the sale of US Steel to Japan's Nippon Steel, citing concerns that the deal could threaten national security and industrial supply chains. The companies ...

An icon in the shape of a lightning bolt. Impact Link Shares in US Steel fell on Friday after President Joe Biden blocked a $14 billion takeover by Nippon Steel. In a statement, Biden said a ...

CLEVELAND — President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing national security ... that opened the door for other offers ...

US Steel Corporation workers rally outside the company's headquarters in Pittsburgh, Pennsylvania, supporting the takeover by Japan's Nippon Steel, on September 4, 2024. United States Steel warned ...

"A strong domestically owned and operated steel industry represents an essential national security priority and is critical for resilient supply chains. ... Without domestic steel production and ...