President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share ...

It's still unclear how much involvement Nippon Steel has in that partnership. The "golden share" means Americans would have a 51% share in ownership of the company, according to Trump.

President Donald Trump has approved a partnership between US Steel and Nippon Steel, the companies said in a release on Friday.

The agreement brings the companies one step closer to completing the $14.3 billion sale of U.S. Steel that the companies agreed to in December 2023.

(Bloomberg) -- Nippon Steel Corp. won conditional US approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s ...

The Trump administration will soon ensure that its 50% steel tariffs, which have threatened to make everything containing steel more expensive, will apply to your next fridge or dishwasher.

(Reuters) -U.S President Donald Trump approved Nippon Steel's $14.9 billion bid for U.S. Steel on Friday, capping a tumultuous 18-month effort by the companies that survived union opposition and ...

Business deals Why does Nippon Steel want to buy U.S. Steel? 5 things to know Trump gives seal of approval to 'partnership' amid desire to revive steel industry ...

Companies fulfill Trump's requirements for deal Agreement includes $11 billion in new investments Nippon Steel says it will take 100% stake in US Steel No details on 'golden share' to be issued to ...

Hundreds of steelworkers are looking for new jobs, as the Cleveland Cliffs Steel Plant is set to go idle on June 30.

The move is part of the company's ambitious Green Steel plan to drastically reduce carbon emissions and modernize steel production at its IJmuiden facility.