U.S. Steel and Nippon Steel filed a separate lawsuit in the U.S. Court of Appeals in Washington, D.C., against the Biden ...

Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against Cleveland-Cliffs, Cliffs’ CEO ...

While RS faces pricing and demand headwinds, it benefits from resilient business model and actions to drive growth through acquisitions.

In their statement, the two steel companies said it’s “shocking — and deeply troubling” that the U.S. would reject a transaction that advances U.S. interests and “treat an ally like ...

Japan is also the largest foreign holder of U.S. debt. In their statement, the two steel companies said it's “shocking — and deeply troubling” that the U.S. would reject a transaction that ...

The rise of U.S. Steel, a storied American company, runs parallel to the arrival of America on the world stage. With roots dating to the late 19th century, U.S. Steel has produced the materials ...

Additionally, objections to the sale stemmed from geopolitical concerns over a foreign country owning the American company, which could conceivably affect national steel production. Nippon’s ...

Blocking the deal could be politically popular domestically but could scare away foreign investment in other US companies. It could also starve US Steel of investment it says it needs. Late last ...

The proposed deal kicked up an election year political maelstrom across America's industrial heartland and blocking it drew a threat of litigation from Nippon Steel. "We need major U.S. companies ...