On Friday, President Joe Biden announced he was blocking the purchase of U.S. Steel by Japanese steelmaker Nippon Steel on dubious economic and national security grounds. “It is my solemn responsibility as President to ensure that, now and long into the future, America has a strong domestically owned and operated steel... read full story
"Steel buyers and industry experts in the United States supported the deal because they believed it would improve both US Steel and the domestic steel market,"