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 and U.S. Steel say they've finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly ...

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 ...

President Donald Trump signed an executive order on June 13 paving the way for Japan-based Nippon Steel to acquire U.S. Steel as long as the company remains "in compliance” with a national ...

Nippon Steel originally proposed buying U.S. Steel in 2023 for $14.9 billion, which was blocked by former President Joe Biden. Now, the pending acquisition may gain Trump's backing with new terms.

U.S. Steel's board and shareholders had approved Nippon Steel's bid, but it was opposed by the United Steelworkers union and was blocked by former President Joe Biden on his way out of office.

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 ...

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.

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.

President Donald Trump shakes hands with U.S. Rep. Dan Meuser, R-Dallas, during a meeting with Congressional members to discuss U.S. Steel, Thursday, May 22, in the Oval Office. Attending from ...