News

Nippon Steel has successfully acquired U.S. Steel after an 18-month process, with the deal now including concessions such as a "golden share" for the U.S. government.
President Trump initially opposed the proposed acquisition of U.S. Steel by Nippon Steel, as President Biden did before him. Calling it a partnership gives him a way to finesse his change in ...
U.S. Steel has begun casting off key executives like slag from the furnace following its $15 billion acquisition by Japanese rival Nippon Steel—and one of the latest is the lawyer who helped ...
Inside Nippon Steel’s bruising efforts that paved the way to buying U.S. Steel Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to ...
Nippon Steel’s early hands-off approach reflected a longstanding Japanese corporate mindset that politics and business should be kept separate, analysts said, which proved impossible in this case.
But Nippon Steel also promised to invest $11 billion in refurbishing and upgrading U.S. Steel facilities by 2028, including building a new mini-mill—moves it said will create 100,000 new jobs—and ...
Nippon Steel's acquisition of U.S. Steel faces scrutiny from unions and environmentalists. Labor negotiations and air quality concerns loom large.
Nippon’s leadership has already earmarked at least $1 billion for Gary Works, including a rebuild of the aging […] The post $15B Nippon Steel Deal Is Completed, Bringing Hope and Uncertainty ...
Nippon Steel's $14.9-billion acquisition of U.S. Steel closed on Wednesday, the companies said, after the Japanese side's 18-month struggle to close the purchase.
The Nippon Steel-U.S. Steel deal is done. Finally. Really. What was proposed as a sale in December 2023 and talked about frequently as a “deal,” “merger,” “partnership” or “proposal ...
Following the Biden EO, Nippon Steel and US Steel filed a lawsuit challenging the Biden EO as having a political, rather than national security basis.
A National Security Agreement will aim to address concerns raised about Nippon Steel buying U.S. Steel, one of just two integrated steelmakers left making new steel not recycled from scrap metal ...