Trump Says Nippon Steel Will Make Major Investment in U.S. Steel President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid.

What next for US Steel? The faded industrial icon has few good options without a Nippon deal

U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.

The Fallout from U.S. Steel Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.

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