Trump's executive order approving Nippon Steel's acquisition of U.S. Steel brings $14 billion for modernization, preserves jobs, and strengthens alliance with Japan against China ...

U.S. Steel has a production capacity of roughly 20 million tons, according to Nippon. It shipped about 14 million tons in 2024, down from 15.5 million in 2023. Japanese ownership of U.S. Steel ...

Japanese steel giant Nippon closed a $14.9 billion (€12.96 billion) acquisition of US Steel, both companies said on Wednesday. The acquisition agreement includes a big role for US President ...

Under the deal terms, Nippon bought 100% of U.S. Steel shares at $55 per share, as it first laid out in its December 2023 offer for the well-known and struggling steelmaker.

Nippon Steel has completed its $14.9 billion takeover of U.S. Steel, the company announced Wednesday, capping a year and half of fraught negotiations and resulting in a landmark deal for a ...

Opinion MIKE POMPEO: Trump delivers major win for American steel workers where Biden failed The newly approved $14B Nippon-U.S. Steel deal promises to modernize mills, save thousands of jobs, and ...