A U.S. official familiar with the matter, who spoke on condition of anonymity, told The Associated Press last month that some federal agencies represented on the panel were skeptical that allowing a ...
Nippon Steel’s $14.9 billion offer would not only keep the company above water, but it would also revitalize the American steel industry as we know it. Nippon Steel and U.S. Steel have already ...
Gold and silver showed very high price volatility and recovered from their lows last week despite gains in the dollar index and the US bond yields. The European and US economic data released last week ...
The deal was not supported by the United Steelworkers (USW), the union representing American steel workers, which commended Biden’s decision as the “right move for our members and our national ...
During his first term, Trump slapped 25% tariffs on foreign steel, and Biden kept them or converted them into import quotas. Either way, the trade barriers kept the price of American steel ...
"It is important that we maintain strong American steel companies powered by American steel workers," Biden said in a March statement, while he was still seeking reelection to the presidency ...
"U.S. Steel will remain a proud American company — one that’s American-owned, American-operated, by American union steelworkers — the best in the world," Biden said.In a statement from the ...
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 ... dropping out over price concerns.
WHILE PRESIDENT BIDEN SAYS U.S. STEEL WILL REMAIN A PROUD AMERICAN COMPANY AND OPERATED BY AMERICAN UNION, STEELWORKERS, WEST MIFFLIN MAYOR CHRIS KELLY SAYS THE DEAL WOULD NOT HAVE CREATED A ...