President Biden is blocking U.S. Steel's merger with a Japanese company. But a new owner can't do worse by Gary than U.S.
Gary Mayor Eddie Melton supported the merger, saying Nippon Steel had committed $300 million to upgrade the Gary Works steel ...
"The last blast furnace in the United States was built before Ronald Reagan got elected, Since the 1980s, they've slowing ...
A major deal in the steel industry hit a major roadblock Friday after President Joe Biden blocked Japanese-based company ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. The Biden administration's decision to block Nippon ...
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law’’ and ...
Biden previously expressed opposition to the deal and said that U.S. Steel should remain an American-owned and ...
"Gary Works is our main source ... That would've meant more steel production for the United States." The mayor said he has "grave concern" for Gary's economy that the president blocked such ...
"PREVIOUS COVERAGE OF US STEEL ... Nippon Steel is the only partner willing and able to make the necessary investments, which would have included at least $1 billion to Mon Valley Works and ...
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
The Committee on Foreign Investment in the United States panel was supposed to ... s financial performance proves that. U.S. Steel Gary Works in 2023. (E. Jason Wambsgans/Chicago Tribune) The ...