U.S. Steel, Joe Biden

Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley.
Local leaders host VP of Nippon Steel to discuss Biden blocking deal with US Steel
PITTSBURGH — The fate of U.S. Steel plants continues to be the talk of the town in the Mon Valley. Now, U.S. Steel and Nippon Steel have filed a lawsuit over the president’s decision to merge them. The Nippon Steel leaders are so serious about making this deal work, they flew here from Japan.
US Steel, Nippon Sue Biden for Blocking $15 Billion Deal
President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.
U.S. Steel, Nippon Steel blame Biden, Cleveland Cliffs and USW leadership for blocking deal
In dual lawsuits filed Jan. 6, U.S. Steel Corp. and Nippon Steel Corp. blame the Biden administration's politicizing its national-security review as well as the behind-the-scenes actions by rival Cleveland-Cliffs Inc. and United Steelworkers International President David McCall for scuttling the $14.9 billion deal.
U.S. Steel and Nippon Steel sue Biden administration for blocking their $15 billion deal
The steel companies allege White House decision to black takeover was political and violated their right to due process.
US Steel workers see uncertainty after Biden blocks Nippon takeover
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law'' and suggested they would sue to salvage their deal: “We are left with no choice but to take all appropriate action to protect our legal rights.‘’
Nippon Steel, U.S. Steel sue Cleveland-Cliffs and others in move to keep deal alive
They also filed a lawsuit in federal court in Pittsburgh against rival steelmaker Cleveland-Cliffs Inc. and CEO Lourenco Goncalves, as well as United Steelworkers President David McCall, alleging coordinated anticompetitive and racketeering activities designed to allow only Cliffs to acquire U.S. Steel.
Nippon, US Steel file suit against Biden administration, union, and rival Cleveland-Cliffs after $15B deal scuttled
The companies accused steel-making rival Cleveland-Cliffs Inc. and its CEO, Lourenco Goncalves, of working with the Steelworkers union to block the deal.
Biden rejects Nippon Steel's proposed deal to acquire US Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
Nippon looks for way forward with Mon Valley leaders after Biden rejects U.S. Steel merger
Nippon's vice chairman is sitting down with multiple mayors in the Mon Valley, trying to determine what to do next.
U.S. Steel, Nippon allege Biden violated constitution in lawsuit over blocked deal
The U.S. Congress was set to meet in snow-covered Washington to formally certify Donald Trump's election as president on Monday, four years after a mob of his supporters stormed the Capitol in a failed bid to block the certification of his 2020 loss.
Pittsburgh's Reed Smith, K&L Gates Join Fight to Save Nippon Steel-U.S. Steel Merger
Ropes & Gray, Milbank and Wachtell, Lipton, Rosen & Katz all advised on the $14 billion acquisition. They're joined in two ...
Bradford Era3h
U.S. Steel alleges union corruption over blocked overseas sale
U.S. Steel said Monday that union corruption toppled the company’s overseas buyout and pressured regulators to ignore the law ...