A staff member enters a doorway next to the Nippon Steel logo on Friday, Dec. 6, 2024, at the company’s Kashima Plant in Kashima, Japan. (AP Photo/Ayaka McGill) “During Mr. Biden’s re ...
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 ...
Photo: Will Oliver - Pool via CNP/Zuma Press Nippon Steel and U.S. Steel last week filed a lawsuit against President Biden and the Committee on Foreign Investment in the United States (Cfius ...
Japan Prime Minister Shigeru Ishiba asked US President Joe Biden to allay concerns in the Japanese and US business communities over his order to block Nippon Steel’s planned acquisition of U.S ...
FILE PHOTO: The logo of Nippon Steel Corporation is displayed at the company headquarters in Tokyo, Japan in this photo taken by Kyodo May 1, 2019. Mandatory credit Kyodo/via REUTERS/File Photo 15 ...
(Kyodo) NEW YORK (Kyodo) -- Nippon Steel Corp. said Tuesday it "remains the only partner" for United States Steel Corp., vowing to continue pursuing its purchase despite White House opposition and ...
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse. By Danielle Kaye and Lauren Hirsch A possible new ...
Nippon Steel Wants to Work With Trump Administration on US Steel Deal, Mori Tells WSJ TOKYO (Reuters) - Japan's Nippon Steel remains interested in working with the incoming administration of ...
U.S. Steel has warned that, without Nippon Steel's cash, it will shift production away from the blast furnaces to cheaper non-union electric arc furnaces and move its headquarters out of Pittsburgh.
Nippon Steel ended its joint venture with Baosteel last year, citing difficulties in the Chinese market and a wish to focus investment on the U.S. and India. On Monday, Goncalves also accused ...
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.
HARRISBURG, Pa. (AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon ...