An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...

A slab of steel on a hot rolling mill at Nippon Steel's Kashima Plant in Kashima, Japan on Friday, Dec.6, 2024. Credit: AP/Ayaka McGill The decision, announced less than three weeks before the ...

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the ...

(CBS) --President Joe Biden blocked a $15 billion proposal by Japan's Nippon Steel ... $300 million into the Gary Works steel mill, U.S. Steel's largest plant. But President Biden blocked the ...

where the Japanese steelmaker vowed to spend $1 billion to upgrade the Irvin Plant. The hot strip mill at the plant in West Mifflin is one of four U.S. Steel operations in the region, and West ...

TOKYO -- Japanese output of plastics building block ethylene and steel has dropped to the lowest levels in decades as domestic demand shrinks while overproduction in China weighs on prices.

President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday based on grounds that the sale posed a threat to national security. The ...

Shares of U.S. Steel sank in intraday trading Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel. The White House announced the ...

“I am firmly convinced this is something extremely beneficial for both Japan and the United States.” Nippon Steel and U.S. Steel ... and there would be no layoffs or plant closures as a ...

open image in gallery The US Steel Mon Valley Works Edgar Thomson Plant along the Monongahela ... proposed $14.9 billion purchase of US Steel by Japan’s Nippon Steel,. (AFP via Getty Images ...

But foreign competition — from Japan in the 1970s and ... such as its Big River plant in Arkansas, which can make high-quality steel products more efficiently and at lower prices compared ...