The shares gained ground after Bloomberg reported that the government will delay a review of the company’s potential takeover ...

U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese ...

The move to block a Japanese company from buying the American manufacturer puts political expediency ahead of industrial ...

There is not a competitive domestic supply chain for the type of steel automakers prefer in vehicle manufacturing, but the ...

United States Steel stock surged nearly 9% during Wednesday’s trading, recovering somewhat from more than a 30% correction in ...

The Biden administration is likely to delay a final decision on whether to block the sale of U.S. Steel to Nippon Steel of ...

Many American politicians have opposed this deal over concerns about union labor, domestic steel supplies and national security.

The guidance reflects a steady order book in North America "amid a bottoming steel pricing environment," Chief Executive David Burritt said. Meanwhile in Europe, a slowdown has resulted in the company ...

President Joe Biden has voiced his opposition to Nippon Steel buying U.S. Steel, but the federal government appears to be in ...

White House officials have indicated that a decision to block the Nippon purchase of U.S. Steel is unlikely in the short term ...

Tanners also pointed out that if the deal falls through, Nippon Steel may owe a $565 million breakup fee, which would add ...