Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion ...

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor Nippon Steel have gone to court over U.S. President Joe Biden’s decision to ...

“They were going to invest in the Valley,’’ said Jason Zugai, an operating technician and vice president of the United Steelworkers union local at a U.S. Steel plant in the Mon Valley. “They committed ...

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

The companies, whose $55 a share cash deal to acquire U.S. Steel was first proposed Dec. 18, 2023, are working against a June ...

S. Steel, our employees, our communities and our country." Industry experts said that without outside investment from Japan, the U.S-based steel manufacturer's path forward is murky. "With foreign ...

Groups of U.S. Steel employees have also backed the transaction. “Our employees and communities deserve better. We needed a President who knows how to get the best deal for America and work hard ...

Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against Cleveland-Cliffs, Cliffs’ CEO Lourenco Goncalves, and USW President David McCall for their illegal and ...

to ensure that U.S. Steel, including its employees, communities, and customers, will thrive well into the future.” Nippon Steel said Tuesday that it had been informed by CFIUS that it had ...

to ensure that U.S. Steel, including its employees, communities, and customers, will thrive well into the future." A growing number of conservatives had publicly backed the deal, as Nippon Steel ...

Earlier this month, it offered $5,000 in closing bonuses to U.S. Steel employees, a nearly $100 million expense.Nippon Steel also said it was best positioned to help American steel compete in an ...