By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel cast a shadow over Secretary of State Antony Blinken's visit to Japan on Tuesday for farewell meetings with Washington's most important ally in Asia.

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion acquisition of U.S. Steel.

U.S. Steel and Nippon Steel have filed a lawsuit over President Joe Biden’s decision to stop U.S. Steel from being purchased by the Japan-based company. The post US Steel sues Biden over blocked merger with Nippon appeared first on FreightWaves.