Items Tagged with 'Nippon Steel'

President Biden invokes U.S. Defense Production Act and cites “credible evidence” that the Japanese owner “might take action that threatens to impair national security.”

Not since the “United States Steel Hour” during the golden age of television has the Pittsburgh-based steelmaker had such drama like the firm’s current public relations fight with former bidder Cleveland-Cliffs over its proposed acquisition by Japan’s Nippon Steel Corporation.