japan nippon steel news

Biden Was Right to Block US Steel Takeover

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

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

Reuters · 1d

Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.

ABC News on MSN · 1d

US Steel and Nippon Steel sue Biden administration over blocked merger

U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.

Blinken Visits Japan

Bloomberg on MSN · 18h

Tension Over US Steel Emerges During Blinken Visit to Japan

It was meant to be a final swing through Tokyo topped with a sushi breakfast to cement closer ties with one of the US’s closest allies.

U.S. News & World Report · 1d

Blinken Visits Japan as Nippon Steel Decision Weighs on Relations

U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel casts 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.

Yahoo · 20h

Blinken says US-Japan ties solid despite rift over steel deal

US Secretary of State Antony Blinken insisted during a visit to Tokyo on Tuesday that ties with Japan were stronger than ever, days after President Joe Biden blocked Nippon Steel's takeover of US Steel.

6hon MSN

China exports push Nippon Steel to seek growth in US, India after blocked deal

Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap ...

U.S. Steel sues to salvage its sale to Japan's Nippon Steel

U.S. Steel and its would-be Japanese suitor filed twin lawsuits Monday to defend their $15 billion merger. President Biden issued an order on Friday to block the deal, citing national security ...

6don MSN

Japan's Nippon Steel offers governmental veto power for U.S. Steel production

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

19hon MSN

Japanese steelmaker vows not to give up on buying U.S. Steel

Nippon Steel said it would not be deterred by President Joe Biden’s decision last week to block its $15 billion bid for the ...

1don MSN

Does Nippon Steel's bid to buy US Steel threaten national security? Experts weigh in

President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has ...

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