An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...

Morden, Manitoba – Steel Works Experts, a leading provider in steel fabrication and supply, has announced the launch of its ...

Nippon Steel, whose multibillion-dollar proposal to ... He cited the need to protect national security and supply chains. “We are entitled to a proper review,” Imai told journalists outside ...

TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...

President Biden stopped the $15 billion deal over national security and supply-chain concerns. U.S. Steel CEO David B. Burritt blasted the decision, calling Mr. Biden's action "shameful" and ...

Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt. By River Akira Davis Reporting from Tokyo As signs emerged that President Biden was gearing up ...

President Biden stopped the $15 billion deal over national security and supply-chain concerns. U.S. Steel CEO David B. Burritt blasted the decision, calling Mr. Biden's action "shameful" and ...

Copyright 2025 The Associated Press. All Rights Reserved. President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...

President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel ... as well as supply chain resiliency. The U.S., he said, needs domestic ...

President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...

Nucor, on the other hand, has far superior operating margins and lower ... The macroeconomic trend in steel supply and demand dynamics was similarly weak then, and the company had less spending ...

this acquisition would place one of America’s largest steel producers under foreign control and create risk for our national security and our critical supply chains," Biden said. U.S. Steel and ...