"That's why our customers love it, the auto guys love this transaction very much." China has more than 50% of global steel-producing capacity. In a joint statement on Friday, Nippon and U.S. Steel ...

Justin Merriman / Bloomberg via Getty Images President Joe Biden on Friday blocked the proposed $14 billion acquisition of U.S. Steel by Japan's Nippon Steel ... sold off in parts, according ...

andrew caballero-reynolds/Agence France-Presse/Getty Images President Biden blocked the sale of U.S. Steel to Japan’s Nippon Steel ... on sheet steel used by the automotive, appliance and ...

That is because steel powers our country: our infrastructure, our auto industry ... from Nippon Steel if the transaction went ahead. (Photo by Thomas ONeill/NurPhoto via Getty Images) "We wouldn ...

In fiscal year 2023, Nippon Steel’s crude steel production was approximately 40.5 million tons. US Steel is a major producer for the US auto industry ... in many parts of the country.

Osaka, Japan - January 02, 2025 The U.S. decision to block acquisition of U.S. Steel by Japan's Nippon Steel is an ... industries like semiconductors and automotive. Shotlist: Osaka, Japan ...

Nothing is certain, but by the time you read this, Nippon Steel’s proposed $14 billion ... Our primary customers now are auto companies and appliance manufacturers, not the military and ...

"That is because steel powers our country: our infrastructure, our auto industry ... BROOKS/AFP via Getty Images David McCall, United Steelworkers President said: "Allowing [Nippon Steel] to ...

Nippon Steel is the world’s fourth-largest steelmaker. It had pursued U.S. Steel as a way to enter the American market, where tariffs have helped keep prices higher than other parts of the world.

Contention over the now-nixed purchase of U.S. Steel by Nippon Steel this past week has ... Steel forgings range from knives and connecting rods for car engines to artillery shells, ship engine ...