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Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...

WASHINGTON — Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for US Steel from the Biden administration, it was also contending with headwinds from an unlikely source ...

Copyright 2025 The Associated Press. All Rights Reserved. A hot rolling mill at Nippon Steel’s Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024. (AP Photo ...

Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday. U.S. Steel shares X fell 6% ...

TOKYO -- Nippon Steel's bid to acquire U.S. Steel succumbed to an unusual fate when President Joe Biden blocked the deal, marking the first time a U.S. president has issued an order to halt a ...

Biden's Decision to Block Nippon Steel Takeover Creates Uncertainty for U.S. Steel Workers WASHINGTON (AP) — By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said ...

The traders, who buy and sell the stock of companies in the middle of mergers and acquisitions, and investors were hanging on every event for a clue to the fate of the sale of United States Steel ...

U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese corporation Nippon Steel “shameful” and “corrupt” in a ...

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...

Journal Editorial Report: Nippon Steel would have helped U.S. workers Photo: Brendan Smialowski/Agence France-Presse/Getty Images President Biden’s order on Friday blocking Nippon Steel’s ...