President Joe Biden on Jan. 3 blocked the $15-billion sale of U.S. Steel Corp. to Nippon Steel Corp. under the federal Defense Production Act—citing national security concerns and "credible ...
In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel ... U.S. Steel employed 340,000 people. The United States Steel logo is pictured outside the ...
FILE - A staff enters doorway next to Nippon Steel logo at the company's Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024. (AP Photo/Ayaka McGill, File) FILE - A staff enters doorway next ...