In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary ...

Nippon Steel said in an 11th-hour appeal to U.S. Steel employees that it would protect integrated steel mills and union jobs, saying a $300 million blast furnace reline was the "first of many ...

He may be putting them at risk instead. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast ...

Nippon Steel pledged to invest $2.7 billion into U.S. Steel's operations, including nearly $1 billion in Gary Works. The Japan-based steelmaker promised to repair or reline four blast furnaces at ...

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley, and had said it is best positioned to help ...

In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary ...

And it lags behind in the technological transition from blast furnaces to electric furnaces. U.S. Steel is not conceding defeat on a takeover by Nippon Steel. The two companies are suing the ...

President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U ...