Biden Blocks $14.1 Billion US Steel Sale to Nippon Steel

President Joe Biden halts the $14.1 billion acquisition of US Steel Corp. by Nippon Steel Corp., following a US security review panel's recommendation. Discover the implications for both companies.

An artistic representation of the US Steel Corp. and Nippon Steel Corp. logos intertwined, symbolizi
Biden Blocks $14.1 Billion US Steel Sale to Nippon Steel

President Joe Biden has blocked the $14.1 billion sale of United States Steel Corp. to Nippon Steel Corp., a decision following a US security review panel's referral.

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