The timing also would mean higher costs for rebuilding efforts in L.A. County communities destroyed by wildfires.

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...

The country’s flagship steel manufacturer expects to start the commercial operations of its P30 billion plant in Candelaria, Quezon by 2027. In a statement, SteelAsia Manufacturing Corp. said it ...

SteelAsia Manufacturing has awarded an engineering, procurement, and construction management (EPCM) contract to MCC Huatian Engineering & Technology, a Chinese engineering company, for its steel plant ...

SteelAsia Manufacturing Corp., one of the country’s largest producers of steel products, is investing P30 billion in a new ...

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion ...

Nippon Steel, whose multibillion-dollar proposal to ... He cited the need to protect national security and supply chains. “We are entitled to a proper review,” Imai told journalists outside ...

TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...

Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt. By River Akira Davis Reporting from Tokyo As signs emerged that President Biden was gearing up ...

President Biden stopped the $15 billion deal over national security and supply-chain concerns. U.S. Steel CEO David B. Burritt blasted the decision, calling Mr. Biden's action "shameful" and ...

Copyright 2025 The Associated Press. All Rights Reserved. President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...

President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...