BREAKING — US President Biden has blocked the sale of US Steel to Japan's Nippon Steel

The outgoing US president has cited a strategic need to protect domestic industry. The long expected move cuts off a much needed lifeline of capital for the US icon. Read More

Japanese Prime Minister raises concerns with Biden over his move to block Nippon Steel deal for US Steel

Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel’s 5401.T planned acquisition of U.S. Read More

It’s up to the courts to save the US Steel Nippon deal

It’s not too late for our judicial system to intervene and do what’s right for the American people and our allies. Read More

Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year. Read More

Biden says he will block US Steel sale to Nippon Steel

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ... Read More

Biden to Block Nippon Steel Takeover of US Steel on Friday

President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to three people with knowledge of the matter. Read More

Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled

The suit, filed in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies’ due process. Read More

Nippon Steel says it's suing Biden admin for blocking US Steel acquisition

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker. Read More

Nippon, US Steel file lawsuit after Biden blocks $15 billion deal

Nippon Steel and U.S. Steel are filing 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. Read More

Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled

WASHINGTON — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon's ... This is a portion of US Steel's Edgar Thomson Works ... Read More