President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing national security reasons.

Steel was a defining technology of the industrial age, and President Joe Biden made it his goal to bring that back, even as ...

The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.

President Joe Biden’s decision to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp. has sparked ...

Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...

The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...

Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...