Nippon Steel Corp. and United States Steel Corp. blamed politics and a failed review process for former President Joe Biden’s ...

On Friday, Biden said he was blocking the controversial $14.3 billion acquisition, marking a significant ... billion in investment planned by Nippon Steel as part of its proposed purchase.

The suit claims Biden's actions were in part politically motivated. U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger ...

Nippon and U.S. Steel claim the groups illegally colluded to prevent the planned deal, in part to prevent a party other than Cliffs from acquiring U. S. Steel. Cleveland-Cliffs, an Ohio-based ...

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

The U.S. market remains a key part of Nippon Steel’s global strategy, said Hashimoto. U.S. Steel Corp. has accused the Biden administration of interference. “We will vigorously defend our ...