Japan’s largest steel maker, Nippon, is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off a decision on approving the deal ...

Nippon Steel and U.S. Steel say they've finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly ...

Ad Policy US Steel’s Coke Works facility in Clairton, Pennsylvania, on September 9, 2024. (Justin Merriman / Bloomberg via Getty Images) On Friday, President Joe Biden announced his decision to ...

Control over special powers reverts to the Treasury Department and the Commerce Department when anyone else is president.

President Trump holds a veto power on specific matters and has the right to appoint an independent director as part of the Nippon Steel takeover.

U.S. Steel shares jumped as high as $54.24 after the Bloomberg report — the highest since Nippon Steel’s $55-a-share offer was announced in mid-December 2023 — before paring gains. Image ...

Japan’s Nippon Steel Corporation announced that it has finalised its US$ 15 billion takeover US Steel Corporation, to form a world-leading steelmaker with “best-in-class technologies and ...

President Donald Trump’s decision to green-light a restructured deal between US Steel and Japanese-owned Nippon Steel was a turnaround for him and perhaps for American manufacturing.Trump, who ...

Nippon Steel said Friday, May 3, 2024, it postponed the expected closing of its $14.1 billion takeover of US Steel three months after the Department of Justice requested more documentation related ...

Japan’s Nippon Steel remains committed to acquiring a full stake in US Steel, a senior executive said, adding that it is seeking a meeting with US Treasury Secretary Scott Bessent to clarify ...

HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a ...