The assessment by analysts comes after US President Joe Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp.
By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden's ...
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 ...
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...