Nippon Steel offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval ...

In December 2022, the European Parliament approved a tariff on imported carbon-­intensive products such as steel, known as the Carbon Border Adjustment Mechanism (CBAM). As of 2024, this law ...

TOKYO, Dec 25 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab is seeing support for its proposal to acquire U.S. Steel (X.N), opens new tab in the regions of the United States where steel ...

The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal. By Alan Rappeport and ...

But US Steel has said the deal is necessary to help shore up the company’s ailing business, which has been struggling to keep up with cheaper foreign steel – mostly from China – for decades.

WASHINGTON, Dec 24 (Reuters) - Nippon Steel's (5401.T), opens new tab $15 billion bid for U.S. Steel (X.N), opens new tab has been referred to U.S. President Joe Biden, a White House spokesman ...

After a year of intense debate, it’s now up to President Joe Biden whether to allow the sale of U.S. Steel to Nippon Steel ... has spent decades dumping its products into our markets, injuring ...

The association, representing major steel producers, alleges harm to the domestic industry and seeks safeguard duties. The probe covers various steel products and will examine imports from October ...

Amid a surge in steel imports from several countries, including China, the Ministry of Commerce and Industry is likely to recommend an increase in duty on steel products, according to a person aware ...

A high-level government review board has told the White House it is unable to reach a consensus on the national security risks involved in Nippon Steel’s proposed acquisition of U.S. Steel ...

Nippon would invest nearly $3 billion in U.S. Steel’s union-represented facilities, secure over 4,000 jobs in Pennsylvania and Indiana and create roughly 5,000 more. It would keep our products ...

(Representational Image/Bloomberg) The government has issued a formal notification initiating a probe into the dumping of certain alloy and non-alloy steel products into India for imposing ...