WBEZ11d
Nippon, US Steel file suit against Biden administration, union and rival after $15B deal scuttled
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...
Indiana Lawyer18d
Gary’s Eddie Melton one of 20 mayors to sign letter of support for U.S. Steel acquisition
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
Hosted on MSN14d
President Biden to block sale of US Steel to Nippon Steel
The president's decision comes after U.S. Steel CEO David Burritt warned that if the firm's acquisition by Nippon Steel fell ...
Newsday13d
Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
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. It also vowed not to reduce production capacity ...
President Biden Blocks U.S. Steel Sale, Raising Questions for Gary’s Future
President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...