Trump's executive order approving Nippon Steel's acquisition of U.S. Steel brings $14 billion for modernization, preserves jobs, and strengthens alliance with Japan against China ...

Nippon Steel’s announcement in December 2023 that it would take over U.S. Steel seemed doomed from the start: a deal, cut by a foreign company, ... and brought on Mike Pompeo, ...

U.S. Steel has a production capacity of roughly 20 million tons, according to Nippon. It shipped about 14 million tons in 2024, down from 15.5 million in 2023. Japanese ownership of U.S. Steel ...

Under the deal terms, Nippon bought 100% of U.S. Steel shares at $55 per share, as it first laid out in its December 2023 offer for the well-known and struggling steelmaker.

Nippon Steel has completed its $14.9 billion takeover of U.S. Steel, the company announced Wednesday, capping a year and half of fraught negotiations and resulting in a landmark deal for a ...

U.S. Steel’s ‘partnership’ with Nippon Steel gets Trump’s approval, with conditions, about 18 months after a deal was first announced Last Updated: June 16, 2025 at 3:16 p.m. ET First ...

A partnership between Japan-based Nippon Steel and U.S. Steel has been finalized. The partnership is expected to create more than 100,000 jobs and bring massive investments to steelmaking in ...

Opinion MIKE POMPEO: Trump delivers major win for American steel workers where Biden failed The newly approved $14B Nippon-U.S. Steel deal promises to modernize mills, save thousands of jobs, and ...