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Biden, U.S. 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 government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.

New York Post on MSN · 2d

Nippon Steel’s doomed $15B deal with Biden administration had unlikely opposition – a rival CEO: bombshell docs

Cliffs, which made a failed $7 billion bid for US Steel in August 2023, participated in at least nine calls assuring investors that President Joe

NBC News on MSN · 8h

U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm

President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.

Biden Was Right to Block US Steel Takeover

MSNBC on MSN · 11h

Biden’s controversial move on steel was the right one

The critics’ focus on politics reflects that they are flat wrong on the merits. If the merger went through, it could leave the U.S. without ready access to sufficient volumes of specific critical steel products and the ores to make them that are necessary for our national defense and domestic infrastructure.

The Nation · 19h

Biden Was Right to Block the US Steel Takeover

Even if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow.

Reuters on MSN · 1d

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,

Hosted on MSN4h

Hyundai Steel mulls building automotive steel mill in U.S. to respond to Trump's policy

Hyundai Steel Co. is reviewing constructing an automotive steel mill in the United States to respond to the incoming Donald ...

1d

'Steel is all around us:' Despite uncertain future locally, U.S. Steel’s connection to this region and its people endures

President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...

Nippon Steel’s thwarted bid sets up tougher rivalry with Chinese mills

Creating an entity to compete more effectively with China was touted as a key rationale behind the Japanese firm’s proposal ...

4don MSN

President Biden blocks Japanese takeover of U.S. Steel. What does it mean for Gary, Indiana steel mill?

Gary Mayor Eddie Melton supported the merger, saying Nippon Steel had committed $300 million to upgrade the Gary Works steel ...

MIT Technology Review11d

The world’s first industrial-scale plant for green steel promises a cleaner future

The Swedish startup Stegra has raised close to $7 billion to produce zero-emissions steel using green hydrogen starting in ...

The Express Tribune1d

Sindh, federal govt discuss steel mill revival

Plans include setting up industrial park on PSM land, introducing new regulatory authority for food, animal, and plan ...

1d

Murad, Rana Tanveer discuss establishment of Industrial park, revival of steel mills

Sindh Chief Minister Syed Murad Ali Shah and Federal Minister for National Food Security & Research (NFSR) and Industries & ...

Hosted on MSN1d

Precision Machining of Steel Mill Pinion Shafts

Dive into the intricate machining process of industrial pinion shafts, a key component for steel mills. Watch the process ...

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