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Keywords: Nippon Steel


Biden Moves to Block Nippon Steel’s Acquisition of US Steel

President Joe Biden has decided to block the proposed acquisition of US Steel by Japan’s Nippon Steel, a move that comes in response to national security concerns. The deal, valued at $14.9 billion, has been a subject of intense scrutiny, with Biden expected to formally announce his decision as......

Biden Faces Crucial Decision on US-Japan Steel Deal

The proposed $15 billion acquisition of US Steel by Japan’s Nippon Steel has reached a critical juncture, leaving the final decision in the hands of United States President Joe Biden. This development comes after the Committee on Foreign Investment in the United States (CFIUS) failed to reach a......