News

Donald Trump will wield direct control over US Steel through a special "golden share" following Nippon Steel's acquisition, ...
Shares of U.S. Steel ceased trading on the New York Stock Exchange on Wednesday following the completion of its takeover by Japan-based Nippon Steel, marking the end of the storied American ...
A merger between U.S. Steel and Nippon Steel would result in a more efficient steel industry, reducing prices and enhancing the competitiveness of the U.S. industries that depend on steel.
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 touted a "blockbuster agreement" between U.S. Steel and Japanese company Nippon Steel that he said ...
Gary, Indiana Mayor Eddie Melton has said Nippon Steel plans to pump $1 billion into the U.S. Steel Gary Works.
In Tokyo, Nippon Steel shares gained 4.4 percent to close Thursday's regular trading at 2,850.00 yen. The short-term loans or Bridge Loans were taken for the merger between Nippon Steel's ...
TOKYO (Reuters) - Nippon Steel plans to use its current merger agreement to acquire U.S. Steel as a starting point for talks with the U.S. government, President Tadashi Imai said on Tuesday, as it ...
After both companies announced the merger in December, Nippon Steel cut ties with its joint-venture partner in China and pitched the combined U.S. Steel-Nippon Steel entity as a champion of free ...
The union previously lobbied for a merger with Cleveland-Cliffs, an American company that made a bid for U.S. Steel in 2023 but lost to Nippon in a bidding war. Unlike Nippon, it is unionized.
The stakes of the potential U.S. Steel-Nippon Steel merger are perhaps best illustrated in the city of Gary, Indiana, which was built in 1906 by U.S. Steel to house workers at its Gary Works steel ...
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.