President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...

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David Burritt, US Steel CEO, joins 'Squawk on the Street' to discuss the company's decision to partner with Nippon Steel to ...

Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap ...

The decision underscores the difficulty of ‘friendshoring’ and could deter some foreign investments in the US, says an expert ...

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

By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.

A former Japan trade official believes that talk of a chilling effect on investment may be overblown. Read more at ...

Biden says he blocked the $14 billion takeover of U.S. Steel by Nippon Steel on the grounds the sale was a threat to national ...

In 2024, domestic steel prices fell, influenced by higher net imports. Hot rolled coil (HRC) prices declined by 9 per cent, ...

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The critics’ focus on politics reflects that they are flat wrong on the merits. If the merger went through, it could leave ...