President Joe Biden's decision to block Nippon Steel's takeover of U.S. Steel cheered environmental advocates who said Nippon's deal was bad for the climate.

U.S. Steel has warned that without an infusion of capital from Nippon Steel, it will be forced to curtail its legacy blast furnace investments and shift to cheaper nonunion electric arc furnaces.

Reactions in Pennsylvania are mixed to President Joe Biden's decision to block the sale of Pittsburgh-based U.S. Steel to Nippon Steel of Japan.

United Steelworkers International President David McCall said Friday afternoon that he had no reason to believe that ...

U.S. Steel (X) faces financial challenges amid blocked merger and declining steel prices, raising concerns about long-term ...