Biden’s decision serves as a reminder, as the new president comes to power, of just how much a president can do under the ...

It leaves the future of the once-iconic American business in doubt. Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction in ...

Statement from President Joe Biden As I have said many times, steel production—and the steel workers who produce it—are the ...

It is important that we maintain strong American steel companies powered by American steel workers. I told our steel workers ...

Japan's Nippon Steel said on Thursday that it had extended the closing period for its planned purchase of U.S. Steel, worth nearly $15 billion. The company expressed confidence that the acquisition ...

Both Biden and President-elect Donald Trump have courted unionized workers at U.S. Steel and vowed to block the acquisition amid concerns about foreign ownership of a flagship American company.

Copyright 2025 The Associated Press. All Rights Reserved. The United States Steel logo is pictured outside the headquarters building in downtown Pittsburgh, April 26 ...

"The proposed US Steel-Nippon transaction represents nothing more than corporate greed, selling out American workers and jeopardizing the long-term future of the domestic steel industry and our ...

Report from financial firm sees stability or modest growth in North American steel output and demand and incremental recovery ...