Under that agreement, Nippon Steel has agreed to make about $11 billion in new investments in U.S. Steel by 2028, including an initial investment in a greenfield project that will be completed ...

President Trump toured a U.S. Steel facility in West Mifflin, Pa. last month. (Saul Loeb/AFP/Getty Images) President Trump initially opposed the proposed acquisition of U.S. Steel by Nippon Steel ...

Nippon Steel has completed its acquisition of U.S. Steel, the companies said on Wednesday, more than a year after it was first announced. Soon after Nippon announced its plans to acquire U.S ...

President Donald Trump's June 13 executive order cleared the $14.9B acquisition of U.S. Steel Corp. by Tokyo-based Nippon Steel.

Northwest Indiana’s Gary Works facility should receive $1 billion as part of the deal, a Nippon executive said in late 2024. Melton has vocalized his support since about August 2024, when it was ...

Nippon Steel Corp. won conditional U.S. approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s largest steel ...

"Management at U.S. Steel and Nippon have since December 2023 aggressively promoted their deal, pouring vast amounts of resources into downplaying concerns regarding both the long-term future of ...

U.S. Steel has begun casting off key executives like slag from the furnace following its $15 billion acquisition by Japanese rival Nippon Steel—and one of the latest is the lawyer who helped ...

Even before the political complications that have hampered Nippon Steel’s U.S. gambit, the offer price looked steep. At $55 a share, Nippon Steel will pay a 142% premium to the level U.S. Steel was ...

On June 13, Mr. Trump cleared the sale of U.S. Steel to Nippon Steel. The companies say they have "now completed the transaction as contemplated by their merger agreement." ...