Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

President Biden blocked the sale of U.S. Steel X0.86%increase; green up pointing triangle to Japan’s Nippon Steel 5401 0.06%increase; green up pointing triangle, fulfilling his pledge to keep ...

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...

President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...

President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...

WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...

Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday. U.S. Steel shares X fell 6% ...

WASHINGTON/TOKYO -- U.S. President Joe Biden on Friday blocked Nippon Steel's $14.9 billion bid for U.S. Steel, marking the first time that a president has issued an order to halt a Japanese ...

Making steel produces a lot of greenhouse-gas emissions. Now, construction is underway in Sweden on an industrial-scale plant that will emit almost zero carbon dioxide. Boston Metal, LKAB ...

Justin Merriman / Bloomberg via Getty Images President Joe Biden on Friday blocked the proposed $14 billion acquisition of U.S. Steel by Japan's Nippon Steel. The companies in a joint statement ...

Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow. By Andrew Ross Sorkin Ravi ...