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Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

but its share price could bounce back in the near-term, analysts said. Shares in Nippon Steel fell only slightly on Monday in their first trading since Biden on Friday rejected the deal after a ...

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Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt. By River Akira Davis Reporting from Tokyo As signs emerged that President Biden was gearing up ...

"This action reflects my unflinching commitment to utilize all authorities available to me as president ... Many backers said Nippon Steel has a stronger financial balance sheet than rival ...

President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...

Shares of U.S. Steel sank in intraday trading Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel. The White House announced the ...

President Biden blocked the sale of U.S. Steel X4.45%increase; green up pointing triangle to Japan’s Nippon Steel 5401-1.30%decrease; red down pointing triangle, fulfilling his pledge to keep ...

Biden raised the rates of tariffs on steel and aluminum from China amid pressure from labor unions. "Today’s action reflects my unflinching commitment to utilize all authorities available to me ...

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...