TOKYO -- As Nippon Steel and U.S. Steel pursue legal action to realize their much-contested acquisition plan, they face a daunting battle in the courtroom, as well as a potential competing bid that ...

Cleveland-Cliffs offered to buy U.S. Steel for $7 billion. U.S. Steel turned down the offer and later accepted a nearly $15 billion all-cash offer from Nippon Steel, which is the deal that Biden ...