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

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 ...

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

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

Dive into the production process of truck U bolts in a local factory, where solid steel rods are transformed into crucial components for heavy-duty vehicles. Witness each step of the manufacturing ...

U.S. Steel has laid off about 30,000 employees in Gary alone since the 1970s. Since Gary was dependent on not only a single industry, but also a single company within that industry, the city's ...

Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal that would bring much needed capital ...

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption." ...

President Joe Biden on Friday blocked Nippon Steel’s proposed $14.9 billion acquisition of United States Steel Corp., ending a yearslong campaign and setting up potential legal action by the ...

Gov. Josh Shapiro faces a new challenge after the White House blocked U.S. Steel’s overseas acquisition. Join the lawsuit the ...

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 ...

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 ...