The investment by Nippon Steel, if approved by the Trump administration, would significantly bolster U.S. Steel’s infrastructure, with a total of $11 billion earmarked for development through 2028.

Japan-based Nippon Steel is not giving ... President and CEO of U.S. Steel said in December 2023. At the time, the deal was unanimously approved by the board of directors of both companies ...

(Reuters) -Nippon Steel Vice Chairman Takahiro Mori is headed to Washington next week as the company seeks to win approval of its $15 billion bid for U.S. Steel, a person familiar with the matter said ...

The United Steelworkers union told Treasury Secretary Scott Bessent it remains "unalterably" opposed to a $15 billion bid by Japan's Nippon Steel to buy U.S. Steel, or any deal that would ...

Trump’s decision to take another look at the deal raised hopes among investors the sale might be revived, though Trump repeatedly has said he does not want Nippon Steel to hold a majority stake ...

Nippon Steel plans a $14 billion investment in U.S. Steel, contingent on the Trump administration's approval. The investment ...