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.

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

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.

Recent tariff hikes in the US on steel and aluminum have significantly impacted the stainless steel market, leading to price fluctuations and supply chain disruptions.

Zachary Ledbetter, 20, died in June 2020 after an accident at the Fabcon Precast plant in Grove City. The company was ordered to pay a $500,000 fine.

Cars, cans and coffee tins are all poised to get more expensive, as 50 percent tariffs on steel and aluminum take effect.

US tariffs on steel and aluminium imports were doubled from 25% to 50% on Wednesday, a move announced by US president Donald Trump last Friday. However, the UK has temporarily been spared from ...

India Business News: India anticipates a limited effect from President Trump's proposed steel and aluminium tariff increase due to relatively low export volumes to the US.

Steel stocks jumped Monday after President Trump vowed to double tariffs on the metal to 50%.

Industry Minister Melanie Joly said the government is waiting to see if Trump follows through on his threat to increase steel and aluminum tariffs to 50 per cent.

President Donald Trump said he will support an acquisition of U.S. Steel by Tokyo-based Nippon Steel with caveats to retain U.S. control of the company's board of directors.