US Steel and Nippon Steel filed lawsuits in Washington to try and overturn last week’s decision by the Biden administration to block their planned merger.
In a scathing statement, the steelmakers accused the outgoing president of making the move for political gain. They also sued the USW and Cleveland-Cliffs for colluding to kill the deal to try and monopolise the US steel industry. Plus, a 276 kg bluefin tuna fetched €1.2 million at a New Year auction in Japan.
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