The Latest Breaking News from Nippon Steel

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Progressives and environmental groups have teamed up with a rival steelmaker to lobby against the U.S. Steel deal.

The Committee on Foreign Investment doesn't recommend blocking the merger, and neither should President Joe Biden.

Plus: AI energy boom, Biden vs. Nippon Steel, and more...

Biden has opposed the takeover and believes U.S. Steel should be domestically owned and operated

Committee on Foreign Investment in the US fails to agree on national security risks of proposed takeover of US Steel.

A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel

A US government panel failed to reach a consensus on whether US Steel's acquisition by Nippon Steel threatens Washington's national security, shifting the decision to the White House, the Japanese company said late Monday.

Nippon Steel on Wednesday slammed the "inappropriate" role of politics after Bloomberg News reported that President Joe Biden would block its planned takeover of US Steel.

The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel

Debate over Nippon Steel's acquisition of U.S. Steel intensifies, raising concerns about national security and economic impact.