Latest News Updates From Josh Wingrove and Joe Deaux

Government, Business

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
Government, Business

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
Government, Business, Equipment, Safety

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
Government, Business

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