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Steel’s Granite City Works, where it will be transformed into liquid steel. (U.S. Steel) President Joe Biden announced Friday that he will block the sale of U.S. Steel to Japanese company Nippon ...

with Republican President-elect Donald Trump and incoming vice president JD Vance also campaigning against the sale. "This acquisition would place one of America's largest steel producers under ...

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...

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andrew caballero-reynolds/Agence France-Presse/Getty Images President Biden blocked the sale ... Steel is the nation’s third-largest steelmaker, with production mainly focused on sheet steel ...