Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said ...

U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with ...

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...

Japan’s Nippon Steel emphasized that it is not giving up on its takeover of U.S. Steel, a day after suing the Joe Biden ...

President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing ...

The steel companies allege White House decision to block takeover was political and violated their right to due process.

The lawsuit alleges that the Biden administration “ignored the rule of law” and rejected the merger to curry favor with the United Steelworkers union.

The companies accused steel-making rival Cleveland-Cliffs Inc. and its CEO, Lourenco Goncalves, of working with the ...