U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national ...
Copyright 2025 The Associated Press. All Rights Reserved. A staff enters doorway next to Nippon Steel logo at the company’s Kashima Plant in Kashima, Japan on ...
TOKYO — Japan’s largest steelmaker said Tuesday that it would not give up trying to buy U.S. Steel even after President Joe Biden blocked the $15 billion bid last week over national security ...
U.S. Steel and Nippon Steel filed lawsuits on Monday over President Joe Biden's decision to stop the Japanese company's proposed nearly $15 billion takeover of its Pittsburgh-based rival.
Nippon Steel and US Steel are suing the US government over blocking a takeover, claiming that President Joe Biden "ignored the rule of law to gain favor" with trade unions. The two companies also ...