United States Steel Corp. CEO David Burritt in an interview with CNBC appealed to President-elect Donald J. Trump to rescue the Pittsburgh-based company's $14.9 billion acquisition by Nippon Steel Corp.

U.S. Steel and Nippon Steel allege in a lawsuit the administration blocked their $14.9 billion deal over political calculations, calling it an unprecedented action that "served the president's personal political agenda.

Nippon, U.S. Steel has argued, is the only buyer that can make substantial investments in multiple steel mills and protect jobs. The United Steelworkers, which represents 11,000 U.S. Steel ...

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.

June, was viewed by U.S. Steel and investors as an opportunity for the companies to complete the acquisition, even though Trump also opposes the deal.

Cleveland-Cliffs Corporation marked the fifth anniversary of its acquisition of AK Steel with a news conference where CEO Lourenco Goncalves outline

The steel companies allege White House decision to block takeover was political and violated their right to due process.

The lawsuit also accuses the United Steelworkers union president and a competing steelmaker of collaborating to derail the deal. President Joe Biden blocked the deal between Nippon and U.S. Steel ...

In a federal lawsuit filed earlier this week, Nippon Steel and U.S. Steel allege Cleveland-Cliffs, its CEO and the president of the United Steelworkers International engaged in an anticompetitive

Biden, backed by the United Steelworkers, said earlier this year that it was “vital for (U.S. Steel) to remain an American steel company that is domestically owned and operated.” Trump has ...

Local steelworkers are holding out hope that the U.S. Steel sale with Nippon Steel goes through. This week Cleveland Cliffs CEO Lourence Goncalves offered to buy the Steel giant. The offer comes after President Joe Biden blocked a deal between U.S. Steel and Nippon Steel, a decision that’s since been challenged in a lawsuit.

My sole focus has been on protecting the jobs that exist today and, most importantly, having a clear path on investment so that we have jobs tomorrow and the next day and the next year and stretching out decades,