U.S. Steel's proposed $14.9 billion merger with Nippon Steel

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U.S. Steel,President Joe Biden,Cleveland-Cliffs

The White House is set to announce that President Joe Biden will block Nippon Steel's $14.9 billion bid for the U.S. Steel citing national...

-The White House is set to announce that President Joe Biden will block Nippon Steel's $14.9 billion bid for the U.S. Steel citing national security concerns, two sources familiar with the situation told Reuters.

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