US Steel had argued it needed Tokyo-based Nippon, the largest steelmaker in Japan, to help it out of financial challenges dating back more than a decade. Japan-based Nippon Steel will be allowed ...

Japanese firm Nippon Steel has completed its long-sought takeover of US Steel, after agreeing to yield unusual control to the ...

Nippon Steel has finalized its deal to buy 100% of US Steel, the iconic steelmaker that was once the world’s most valuable company and a cornerstone of American industrial might. The companies ...

WASHINGTON — President Trump said Friday that Japan’s Nippon Steel would be allowed to invest “heavily” in US Steel, but would still not be able to outright purchase it.

US Steel has agreed to be bought by Nippon Steel, Japan’s largest steelmaker, in a $14.1 billion deal. The deal marks the latest step in a gradual decline for the iconic 122-year old company ...

Trump hails Japan’s US Steel deal in Pittsburgh rally as he doubles steel tariffs to 50% President vows ‘nobody is going to get around’ new 50 percent tariffs on foreign steel, but the ...

Nippon Steel Corporation, the largest steelmaker in Japan, is acquiring the United States Steel Corporation for almost $15 billion, the two companies announced Monday.. According to a release ...

Japan's Nippon Steel to buy U.S. Steel for $14.9 billion in cash, prevailing in an auction for the 122-year-old iconic steelmaker over rivals Cleveland-Cliffs , ArcelorMittal and Nucor .

In fact, Nippon Steel announced plans in August to invest $1 billion into U.S. Steel’s Mon Valley Works in Pennsylvania, in addition to $300 million at the Gary Works plant in Indiana. This is ...

Japan's prime minister on Monday urged Washington to dispel concerns that a decision by Joe Biden to block Nippon Steel's takeover of US Steel could impact future investments. Prime Minister ...

In the United States, during a heated presidential campaign, both Mr. Biden and his opponent, Donald J. Trump, came out against the Japanese acquisition of U.S. Steel, an iconic American company ...

Despite Nippon Steel, US and Japan say ties stronger than ever. By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly. January 12, 2025 4:46 AM UTC Updated January 12, 2025 ...