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A US Steel plant in Clairton, Pennsylvania in February 2024 Gene J. Puskar/AP/FileGeneral - Ary (Kentucky) - January 6, 2025 1.00 Dollar US$New YorkCNN — President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his administration.
