Allowing the merger to proceed would help both companies, bolster our relationship with an important ally, and strengthen the U.S. economy.

Nippon Steel Corp. and United States Steel Corp. claimed former President Joe Biden unfairly prejudged their $14.1 billion merger and gave the companies no chance for feedback on a “sham” national security review before he blocked the deal.

Nippon Steel (JP:5401) and U.S. Steel (X) are trying to save their $14.9 billion merger deal by filing an opening brief in the U.S. Court of

U.S. Steel and Nippon Steel laid out their case Monday that then-President Joe Biden hamstrung a national security review to justify blocking the companies’ merger. An opening brief filed in the U.S.

Activist investor Ancora Holdings Group has launched a proxy battle against US Steel. The firm has nominated nine candidates for US Steel's board, including Alan Kestenbaum, former CEO of Stelco Holdings Inc. Ancora is also pushing for Kestenbaum to replace US Steel's current CEO David Burritt.

Nippon Steel's acquisition of U.S. Steel faces obstacles due to political dynamics and national security concerns, as its bid aligns with Trump's economic goals but was blocked by Biden. The deal's future remains uncertain with legal challenges and political negotiations ongoing amid global expansion plans.

Nippon Steel and U.S. Steel are asking a court to lift the block of their $14.9 billion merger. The steelmakers filed their opening brief in the U.S. Court of Appeals for the District of Columbia Circuit against former President Joe Biden and the Committee on Foreign Investment in the United States.