Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...

Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...

The president's decision comes after U.S. Steel CEO David Burritt warned that if the firm's acquisition by Nippon Steel fell ...

In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law’’ and ...

President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley. It also vowed not to reduce production capacity ...