Latest News Updates From Josh Wingrove and Joe Deaux

GovernmentBusiness

Nippon Wins Conditional Approval to Buy US Steel

Nippon Steel won conditional U.S. approval for its $14.1 billion purchase of U.S. Steel, capping a lengthy saga in a tie-up that will create one of the world鈥檚 largest steel companies.

June 16, 2025
GovernmentBusiness

Trump Directs Security Panel to Review US Steel Deal

President Donald Trump ordered a review of the potential sale of U.S. Steel Corp. to Nippon Steel Corp., opening the door to amend a decision by his predecessor to block the transaction.

April 7, 2025
GovernmentBusinessEquipmentSafety

Biden Blocks $14.1 Billion US Steel Sale to Nippon Steel

Biden announced his formal decision on Jan. 3 after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.

January 3, 2025
GovernmentBusiness

Biden Signals Plan to Block US Steel-Nippon Deal

The president plans to formally block the $14.1 billion sale on national security grounds once the deal is referred back to him later this month, people familiar with the matter said.

December 10, 2024

Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics