US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...
Hyundai Steel Company Ltd, is considering building its first overseas steel mill in the US in anticipation of tougher trading regulations.
Hyundai Steel is considering opening a steel mill in the United States to manufacture automotive steel provided to Hyundai ...
President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...
President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a ...
Biden’s decision serves as a reminder, as the new president comes to power, of just how much a president can do under the ...
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
Nippon Steel is proposing not to reduce production capacity at any U.S. Steel mills like Gary Works or the Midwest Plant in Portage without federal government approval, according to a report.
It could also starve US Steel of investment it says ... from discarded cars and other products into new steel products. One pioneer of this mini-mill technology, now Charlotte-based Nucor (NUE ...