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Biden blocks Nippon bid to buy US Steel
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 mill.
US Steel, Nippon Steel sue Biden administration over blocked merger
GARY, Ind. (WNDU) - U.S. Steel and Japan’s Nippon Steel are suing the Biden administration after the president blocked their $14.3 billion merger last week. In their lawsuit, the companies accuse President Biden of blocking the deal for political reasons.
Biden’s decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.
1d
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 ...
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 ...
19h
Leaders say future of Mon Valley is murky as Nippon-U.S. Steel merger stalled for now
Whatever the potential fallout is for U.S. Steel and its headquarters office downtown or its other holdings elsewhere, the ...
Hosted on MSN
1d
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 ...
Opinion
Duluth News Tribune
23h
Opinion
Local View: Mesabi Metallics showing environment, industry can coexist
Amid the long-dormant remains of the Iron Range’s glory days, Minnesota’s first new steel mill since the Duluth Works steel ...
3d
Companies signal court fight ahead after Biden blocks U.S. Steel sale
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...
The Express Tribune
10h
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 ...
The Times of Northwest Indiana
8d
Blast furnace investments could doom Gary Works, activists warn
"The last blast furnace in the United States was built before Ronald Reagan got elected, Since the 1980s, they've slowing ...
1d
on MSN
Does Nippon Steel's bid to buy US Steel threaten national security? Experts weigh in
President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has ...
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