Nippon Steel Corp. has reapplied to the U.S. committee on foreign investment for a review of its planned acquisition of United States Steel Corp., sources familiar with the matter said Tuesday, with U.S. President Joe Biden reportedly preparing to block the deal.The reapplication will prolong the committee's review period by 90 days, possibly pushing back its decision on the deal until after the U.S. presidential election in November and complicating any move to thwart the deal for the time being.The request comes after reports earlier this month that Biden is in the final stages of blockin…READ FULL ARTICLE
