News

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 ...
Nippon Steel plans to complete its purchase of U.S. Steel after reaching an agreement with the Trump administration to resolve national-security concerns. The Tokyo-based steelmaking giant beat ...
Nippon Steel plans to invest $6 billion to increase production of steel using electric arc furnaces in a bid to reduce carbon emissions. The Japanese steelmaker said Friday that it would invest ...
McCormick, a Trump ally, estimated the Nippon deal would salvage up to 10,000 jobs in the Keystone State and add 10,000 to build and operate another arc furnace at a to-be-determined location.
In rally, Trump pledges U.S. Steel-Nippon deal will involve ‘no layoffs’ “Nobody’s going to be able to steal your industry,” Trump told an audience of hundreds of steelworkers gathered ...
A staffer enters the door next to Nippon Steel logo at the company's Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024. (AP Photo/Ayaka McGill, File) AP ...
President Trump’s comments supporting Nippon Steel’s $14.9 billion bid for U.S. Steel left lingering questions about the scope of the deal and its costs for the Japanese firm, leading t… ...
Nippon Steel Corp.'s logo is displayed on a sign outside its headquarters in Tokyo on Nov. 26, 2021. | Hiro Komae/AP By Doug Palmer 05/23/2025 04:15 PM EDT Updated: 05/23/2025 07:57 PM EDT ...
President Donald Trump on Friday cleared the merger of U.S. Steel and Nippon Steel, after the Japanese steelmaker’s previous bid to acquire its U.S. rival had been blocked on national security ...
Nippon Steel's president said on Monday that the Japanese steelmaker and the U.S. government share a mutual understanding that its planned acquisition of U.S. Steel will strengthen the American ...
Nippon Steel is looking to revive its plan to purchase iconic American steelmaker US Steel, despite President Donald Trump’s statements earlier this month that it is only interested in an ...