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.
Biden’s decision to block U.S. Steel sale leaves many questions in Granite City
Why don’t you tell the American citizens — and the people of Granite City — what you’re going to do with our plant?” Granite City Mayor Mike Parkinson asks of U.S. Steel.
Biden rejected appeals of several top advisers in blocking U.S. Steel bid
Senior administration officials had reservations about calling Nippon Steel’s takeover proposal a “national security risk.”
Nippon, US Steel file suit after Biden administration blocks $15 billion deal
The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies’ due process.
Biden blocks Japan’s Nippon from taking over US Steel
President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his administration.
President Biden blocked the U.S. steel deal. How are people in Pennsylvania reacting?
So, for example, Nippon promised to invest billions of dollars in U.S. Steel facilities, particularly here in southwestern Pennsylvania, and even offered to pay every existing worker a $5,000 bonus if the deal went through.
Biden blocks US Steel sale: Mon Valley mayors react
The $14.3 billion acquisition of Pittsburgh-based U.S. Steel by Japan's Nippon Steel has been blocked by President Joe Biden.
'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 ...
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 ...
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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 ...
Biden’s National-Security Aides Wanted to Keep Steel Deal Alive
The president went against top national-security aides when deciding to tank a Japanese takeover of U.S. Steel and instead ...
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Collapse of U.S. Steel acquisition leaves questions for Gary plant
President Biden's decision to block the acquisition of U.S. Steel leaves the future of the Gary Works plant 30 miles from ...
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What will it take for the American steel industry to go ‘fossil-free’?
Steel has traditionally been made with coal, which emits large amounts of carbon dioxide, and making it currently accounts ...
Murad, Rana Tanveer discuss establishment of Industrial park, revival of steel mills
Sindh Chief Minister Syed Murad Ali Shah and Federal Minister for National Food Security & Research (NFSR) and Industries & ...
More answers on Steel Mill Gym abrupt closure
MAGA is fighting a ‘civil war’ over H-1B visas. Here’s what they are. 3 reasons why boomers are eating through their ...