In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary ...

The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion bid for U.S. Steel, the companies said on ...

Last week, Nippon Steel and U.S. Steel filed two lawsuits after U.S. President Joe Biden blocked a $14.9 billion buyout of the American steelmaker by the Japanese firm. President-elect Donald ...

The Biden administration has extended the deadline for Nippon Steel to abandon its proposed $14.9 billion acquisition of U.S. Steel, providing a potential lifeline for the embattled deal.

TOKYO (Reuters) - Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel, its vice chairman Takahiro Mori said ...

In December 2023, Japan's Nippon Steel agreed ... And U.S. Steel accounts for just 18% of all U.S. domestic output. Meanwhile, guess how much material U.S. Steel currently provides to the Pentagon?

In an op-ed for the Wall Street Journal, Takahiro Mori, Nippon Steel’s vice chairman and representative director, argued that the Committee on Foreign Investment in the United States’s review ...

Nippon Steel and U.S. Steel filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel..

WASHINGTON, Jan 11 (Reuters) - The Biden administration delayed until June an order for Nippon Steel (5401.T), opens new tab to abandon its $14.9 billion bid for U.S. Steel (X.N), opens new tab ...

The Biden administration has delayed the order for Nippon Steel Corp. to abandon its $14.9 billion bid for U.S. Steel until June, according to a joint statement from the companies cited by multiple ...

Lourenco Goncalves, CEO of Cleveland-Cliffs, called Japan, the home of rival steelmaker Nippon Steel, ”evil” in a press conference on Monday, as the U.S. company prepares a new bid for U.S. Steel.