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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.
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.
President Biden blocks U.S. Steel sale to Nippon
Citing national security concerns, President Joe Biden has blocked the sale of U.S. Steel to Japanese-based Nippon Steel Corporation. The $15 billion deal, more than a year in the
10h
on MSN
Nippon Steel’s doomed $15B deal with Biden administration had unlikely opposition – a rival CEO: bombshell docs
Cliffs, which made a failed $7 billion bid for US Steel in August 2023, participated in at least nine calls assuring ...
22h
'Steel is all around us:' Pittsburghers reflect on region's industrial arc in wake of blocked U.S. Steel deal
President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...
5d
on MSN
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 ...
2d
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 ...
2d
on MSN
Proposed U.S. Steel deal gets shut down by President Biden
Biden’s decision comes after the Committee on Foreign Investment in the United States, known as CFIUS, failed to reach a ...
WESA
6d
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 ...
Benzinga.com
5d
Nippon Steel Proposes Biden Government Veto Over US Steel's Production Output In Bid To Secure Acquisition
It also includes a two-year guarantee for a mostly idle
steel
mill
in Granite City, Illinois. The company also has ...
Hosted on MSN
3d
Machining Giant Nut And Bolt For Steel Mills
Step into the intricate machining process of crafting a massive nut and bolt for steel mill machinery. This detailed work ...
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Committee on Foreign Investment in the United States
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