Nel Hydrogen Secures Key Order to Help Grow Green Hydrogen in US Steel Industry Nel Hydrogen US, a subsidiary of the ...
U.S. Steel (NYSE: X) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic American steelmaker. Nippon's $14.9 billion bid in late 2023 represented a ...
The deal was not supported by the United Steelworkers (USW), the union representing American steel workers, which commended Biden’s decision as the “right move for our members and our national ...
Tabei, however, noted that uncertainty remains, as achieving medium- to long-term growth will likely be challenging without expanding operations in the U.S. With U.S. Steel, Nippon Steel aimed to ...
Nippon Steel President Tadashi Imai is weighing suing the U.S. government after a deal to buy U.S. Steel was blocked by President Joe Biden late last week, according to a report. Now that the ...
Gary Works, an integrated steel mill operated by US Steel in Gary, Indiana, seen on Dec. 12, 2024. REUTERS/Vincent Alban “It’s not closing, and Biden hasn’t spoken yet. He will.” ...
TOKYO -- Nippon Steel's bid to acquire U.S. Steel succumbed to an unusual fate when President Joe Biden blocked the deal, marking the first time a U.S. president has issued an order to halt a ...
Biden's Decision to Block Nippon Steel Takeover Creates Uncertainty for U.S. Steel Workers WASHINGTON (AP) — By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said ...
PRESIDENT BIDEN, EXPLAINING HIS REASONING FOR BLOCKING THE $14.3 BILLION ACQUISITION OF U.S. STEEL BY JAPAN’S NIPPON STEEL, SAYING IT’S HIS RESPONSIBILITY TO ENSURE THAT, QUOTE, AMERICA HAS A ...
President Joe Biden’s decision to block Nippon Steel’s bid to buy U.S. Steel could have significant implications for Pennsylvania and the steel industry. President-elect Donald Trump had ...
U.S. Steel, now valued at around $7 billion, is still in the process of modernizing operations. It is attempting to achieve net-zero carbon emissions by 2050 and it is developing a product called ...