Steel, Japan

Nippon purchase of U.S. Steel would strengthen national security
Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal that would bring much needed capital investment to help restore the ailing steelmaker's competitiveness and preserve over 4,
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption."
U.S. Steel sues to salvage its sale to Japan's Nippon Steel
U.S. Steel and its would-be Japanese suitor filed twin lawsuits Monday to defend their $15 billion merger. President Biden issued an order on Friday to block the deal, citing national security concerns.
Biden blocks Japan’s Nippon from taking over US Steel
President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his administration.
Biden blocks $14.9B sale of U.S. Steel to Japan's Nippon Steel
President Joe Biden said Friday he would block the nearly $15 billion acquisition of U.S. Steel by Nippon Steel of Japan, citing national security concerns.
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.
Biden blocks US Steel sale to Japan's Nippon Steel
President Joe Biden on Friday announced he has blocked the controversial $14.9 billion sale of US Steel to Japan's Nippon Steel, citing a strategic need to protect domestic industry.There was rare bipartisan agreement on the issue,
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 and investment has irked Washington’s closest ally in Asia
U.S. Steel, Nippon sue Biden administration over decision to block merger
By Alexandra Alper, Aatreyee Dasgupta and Yuka Obayashi WASHINGTON (Reuters) -U.S. President Joe Biden unlawfully blocked Nippon Steel's $14.9 billion bid for U.S. Steel through a sham national security review,
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 acquisition of U.S. Steel
Steel Setback: Biden Risks Japan Ties, Investment
By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.
Despite Nippon Steel, US and Japan say ties stronger than ever
By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly TOKYO/WASHINGTON (Reuters) -The foreign ministers of Japan ...
Biden’s decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American ...
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
Blinken visits Japan as Nippon Steel decision weighs on relations
By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden's ...
The Economist2d
Joe Biden’s mixed legacy on Japan
W ITHIN 24 HOURS on January 6th, two events took place that encapsulate the mixed legacy Joe Biden will leave in America’s ...
Trump might still have sway in U.S. Steel-Nippon deal
President-elect Donald Trump’s comments Tuesday, touting a United Arab Emirates company’s planned $20 billion investment in U ...
True friend or security threat? Japan dumbfounded by veto of US Steel deal
The decision underscores the difficulty of ‘friendshoring’ and could deter some foreign investments in the US, says an expert ...
China exports push Nippon Steel to seek growth in US, India after blocked deal
Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap ...