Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel.

With the Nippon Steel purchase of U. S. Steel scuttled by presidential decree, might Cleveland-Cliffs join forces with Nucor ...

U.S. Steel has warned that, without Nippon Steel's cash, it will shift production away from the blast furnaces to cheaper non-union electric arc furnaces, like Big River Steel in Osceola ...

The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...

“Without the Nippon Steel transaction ... On its own, U.S. Steel seems poised to focus on newer electric arc furnaces, such as its Big River plant in Arkansas, which can make high-quality ...

“Without the Nippon Steel transaction ... On its own, U.S. Steel seems poised to focus on newer electric arc furnaces, such as its Big River plant in Arkansas, which can make high-quality ...

President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.

Joint bid for U.S. Steel assets would have Cleveland-Cliffs acquiring blast furnace mills and Nucor taking over Big River ...

HARRISBURG, Pa. (AP) — The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to ...

"Both Nippon Steel and U. S. Steel have engaged in good ... blast furnace investments and shift to cheaper nonunion electric arc furnaces. Further, executives said U.S. Steel may move its ...

U.S. Steel has warned that, without Nippon Steel's cash, it will shift production away from the blast furnaces to cheaper non-union electric arc furnaces and move its headquarters out of Pittsburgh.