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Steel, Joe Biden

Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.

Hosted on MSN · 2h

Ramstad: U.S. Steel should have gone to Nippon. Blocking the deal will harm Minnesota’s Iron Range

President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That decision will ultimately harm Minnesota’s Iron Range. U.S. Steel operates two of the iron ore mines in northeast Minnesota,

CNN on MSN · 2d

Biden killed US Steel deal even though some US officials rejected national security concerns

President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security grounds to kill the deal,

Japan, U.S. Steel

NBC News · 17h

Japanese steelmaker vows not to give up on buying U.S. Steel

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.

Reuters · 1d

Despite Nippon Steel, US and Japan say ties stronger than ever

The foreign ministers of Japan and the United States said their countries' ties were stronger than ever on Tuesday, even after Japan's prime minister called U.S. President Joe Biden's decision to block Nippon Steel's $14.

Yahoo · 1d

Blinken says US-Japan ties solid despite rift over steel deal

US Secretary of State Antony Blinken insisted during a visit to Tokyo on Tuesday that ties with Japan were stronger than ever, days after President Joe Biden blocked Nippon Steel's takeover of US Steel.

US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger

US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...

US Steel spat strengthens case for deal guardrails

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

1don MSN

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...

US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia

President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel isn’t the first time friction over trade ...

Blinken Visits Japan as Nippon Steel Decision Weighs on Relations

U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel casts a shadow over Secretary of State Antony Blinken's visit to Japan on Tuesday for farewell meetings ...

5don MSN

Rise of US Steel paralleled the arrival of the United States on the world stage

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel on Friday — something he had ...

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