Allowing the merger to proceed would help both companies, bolster our relationship with an important ally, and strengthen the ...

President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a potential threat to national security. The annou ...

Nippon Steel in December 2023 made what was a nearly $15 billion bid to buy U.S. Steel, creating a sudden political issue in ...

The details remain unclear. President Donald Trump said he would meet with the head of Nippon Steel next week “to mediate and ...

Former President Biden’s veto of the proposed merger between Nippon Steel and United States Steel was a distressing example of twisted logic and misleading propaganda to justify a baldly politic ...

The facility aims to boost U.S. steel independence as the Trump administration announces tariffs on the commodity.

The steelmaker also operates the Midwest Plant in Portage. Nippon has several subsidiaries in Indiana, including Nippon Steel Pipe America in Seymour, Suzuki Garphyttan Corp. in South Bend ...

TOKYO, Feb 10 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab is considering proposing a bold change in plan from its previous approach of seeking to buy U.S. Steel (X.N), opens new tab ...

ArcelorMittal, an European-based steel manufacturer, announced Thursday it will invest $1.2 billion into a Mobile County ...

President Donald Trump on Friday suggested that Nippon Steel would no longer buy U.S. Steel as planned, but the Japanese company would instead invest in the symbolically important American business.

Also unclear is the likely impact for the U.S. Steel plant in Granite City, where hundreds of workers were let go or laid off when a blast furnace was idled in 2023. Nippon Steel in December 2023 ...