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In separate lawsuits filed Monday the steelmakers allege that the decision to prevent Nippon Steel's purchase of U.S. Steel was a political decision that had no rational legal basis.
Hundreds of steelworkers are looking for new jobs, as the Cleveland Cliffs Steel Plant is set to go idle on June 30.
Indian steelmaker JSW Steel said on Wednesday it has filed a review petition before the country’s top court, related to the rejection of its $2.3 billion takeover plan of Bhushan Power and Steel ...
India's Jindal Stainless said on Thursday a domestic trade body will soon seek anti-dumping duties on stainless steel imports from China and Vietnam, weeks after India levied a 12% temporary ...
Tata Steel gets ₹25,000 cr tax reassessment order for FY19, files writ in HC The reassessment follows an I-T notice seeking documents on a ₹25,185.51 crore debt waiver after Tata Steel’s ...
U.S. Steel employs about 4,500 employees at Gary Works and its Midwest Plant in Portage. It’s unclear when Nippon’s investment will be official and what the details would be.
The stake, valued at about $848 million based on Thursday’s share price, made Bluefin the second-largest US Steel holder, after Blackrock Inc., according to data compiled by Bloomberg.
Tokyo -- Nippon Steel Corp. and United States Steel Corp. said Monday that they have jointly filed a lawsuit in the United States against outgoing U.S. President Joe Biden's order to ...
Nippon, US Steel file suit after Biden administration blocks $15 billion deal Biden said Friday that U.S. companies producing a large amount of steel need to "keep leading the fight on behalf of ...
Nippon Steel and U.S. Steel file lawsuit against Biden administration’s block of $15 billion deal, citing political decision and due process Published - January 06, 2025 07:53 pm IST - Washington ...
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley, and had said it is best positioned to help ...
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