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Nippon Steel named Burritt, Takahiro Mori, Naoki Sato and Hiroshi Ono as the new board members who will oversee the ...
Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to Pennsylvania, ...
Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national ...
Trump announces 50% steel tariffs as Nippon deal sparks hope for U.S. jobs 02:33. President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though ...
Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.
President Donald Trump announced a partnership between U.S. Steel and Japanese steelmaker Nippon that he says will keep the headquarters in Pittsburgh and draw $14 billion in investment toward the ...
U.S. Steel said in a statement that the agreement called for roughly $11 billion in new investments by 2028. The deal will also give the U.S. government a “golden share” in the company, a ...
HARRISBURG, Pa. (AP) — U.S. Sen. David McCormick said Tuesday that an arrangement that will allow Japan-based Nippon Steel to invest in U.S.
The U.S. government will have veto power over key decisions relating to U.S. Steel , as part of a deal with Nippon Steel that would approve the Japanese firm's bid for the well-known American ...
Nippon Steel offered $14.9 billion for U.S. Steel in December 2023, seeking to capitalize on an expected ramp up in steel purchases, thanks to the bipartisan infrastructure law.