The global steel industry “is in a dynamic state,” — a Vietnam-era phrase used when much seemed astir, but no one understood ...

An all-American bid for U.S. Steel is shaping up to push Nippon out. But the problem is the new bid is much weaker, and it ...

President Joe Biden has blocked Japanese steel giant Nippon Steel’s acquisition of U.S. Steel, citing national-security risks ...

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the ...

The argument is even less credible considering Japan hosts more than 50,000 US troops and in 2023 changed its laws so ...

Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, having stepped in to nix a $15 billion deal between U.S. Steel and Japan’s ...

As the new session of Congress begins, outgoing President Biden has chosen to continue pulling the levers of private ...

Contention over the now-nixed purchase of U.S. Steel by Nippon Steel this past week has put the troubled and changing steel ...

The fate of the Edgar Thomson Works, a massive steel plant that has hugged the same spot along the Monongahela River since ...

The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...

Even if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow.