Latest United Steelworkers News

Biden will decide on US Steel acquisition after influential panel fails to reach consensus

Dec. 24, 2024 00:24 AM EST

WASHINGTON (AP) — A powerful government panel on Monday 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, leaving the decision to President Joe Biden, who opposes the deal. The...

Japan's Nippon Steel sets sights on a growing overseas market in its bid to acquire US Steel

Dec. 06, 2024 06:02 AM EST

KASHIMA, Japan (AP) — 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. “We can’t expect demand in Japan to grow as the population is declining. We need to invest in...