Biden, U.S. Steel

Nippon Steel executive condemns Biden putting politics over security
Takahiro Mori said Nippon Steel's proposed acquisition of U.S. Steel does not bring any national security risks, despite Joe Biden's insistence otherwise.
Does Nippon Steel's bid to buy US Steel threaten national security? Experts weigh in
President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has drawn criticism from the companies and other observers.
Biden administration extends deadline on Nippon Steel’s bid for U.S. Steel
June, was viewed by U.S. Steel and investors as an opportunity for the companies to complete the acquisition, even though Trump also opposes the deal.
U.S. Extends Deadline for Nippon Steel to Abandon U.S. Steel Deal
The U.S. steelmaker said a federal interagency panel had granted an extension to June 18 for the requirement in President Biden’s executive order that the parties permanently abandon the transaction.
Biden administration delays deadline for U.S. Steel, Nippon Steel to kill merger
The Biden administration has given U.S. Steel and Japan’s Nippon Steel an extra six months to ditch their merger, keeping the deal alive as litigation unfolds over whether a national security panel’s review of it was tainted by political considerations.
Biden blocks U.S. Steel's sale to Nippon Steel over national security, supply chain risks
President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, setting up a likely federal court battle.
Biden, citing national security concerns, blocks sale of U.S. Steel to Nippon
In a statement, President Biden said a deal would have imperiled U.S. supply chains. Critics say the move could backfire, weakening a domestic steelmaker.
Biden cites national security as he blocks Nippon Steel's $15 billion purchase of U.S. Steel
President Joe Biden has blocked Nippon Steel’s $15 billion acquisition of U.S. Steel (X), citing potential risks to national security from placing one of the U.S.’s biggest steel companies under foreign control.
A new rival bid for US Steel emerges after Nippon deal deadline extended
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said Monday that he wanted to make a new bid for U.S. Steel.
Chattanooga Times Free Press4d
Nippon purchase of U.S. Steel would strengthen national security
Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal that would bring much needed capital ...
Why U.S. Steel Stock Soared Today
U.S. Steel ( X 6.75%) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic ...
EDITORIAL: Steel merger had nothing to do with national security
Mr. Biden cited national security concerns for his decision. In reality, the move was a payoff to Big Labor that will ...
CBS News12d
Biden rejects U.S. Steel-Nippon Steel deal
including by ensuring that American companies continue to play a central role in sectors that are critical for our national security," the president's statement said. Nippon Steel and U.S.
Cleveland-Cliffs mulls purchase of U.S. Steel if Nippon deal fails
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.