The move nevertheless enjoyed rare bipartisan agreement, with Republican US president-elect Donald Trump and incoming vice president J.D. Vance also campaigning against the sale. “This acquisition ...
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 ...
Nippon Steel Corp. is set to file a lawsuit in response to US President Joe Biden’s decision to block its US$14.1 billion takeover of United States Steel Corp., sources close to the matter said ...
WHEN ASKED IF U.S. STEEL CAN REMAIN COMPETITIVE WITHOUT A SALE, MCCALL SAID THIS STEELWORKERS IN AMERICA ARE THE MOST PRODUCTIVE STEEL WORKERS IN THE WORLD, SO WE CAN COMPETE WITH ANYBODY.
The steelworkers’ union in Granite City praised President Joe Biden’s decision on Friday to block U.S. Steel’s sale to Japanese ... a carbon-based fuel used in steelmaking, said the company ...
President-elect Donald Trump has also opposed the acquisition and vowed in December on his Truth Social platform to block the deal and to use tax incentives and tariffs to boost U.S. Steel’s fortunes.
President Joe Biden today blocked the controversial US$14.9 billion sale of US Steel to Japan’s Nippon Steel, citing a strategic need to protect domestic industry. The move came after a ...
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 ...
President Joe Biden officially blocked Nippon Steel’s proposed $14.9 billion purchase of US Steel on Friday, citing national security concerns — dealing a potentially fatal blow to the ...