Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.

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 ...

Nippon Steel’s $14.9 billion acquisition of US Steel closed on Wednesday, the companies said, confirming an unusual degree of power for President Trump after the Japanese company’s 18-month ...

Nippon Steel and U.S. Steel have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a year-and-a-half after the Japanese company ...

After 18 long months, Nippon Steel has finalised its $14.9bn (Y2.16trn) takeover of US Steel following an executive order from US President Donald Trump that approved the sale and secured a ...

Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a year-and-a-half after the ...

Nippon Steel’s $14.9bn acquisition of US Steel has conferred an unusual degree of power for United States President Donald Trump after the Japanese company’s 18-month struggle to close the ...

Nippon and U.S. Steel said they expect the deal — referred to as a partnership — to be "finalized promptly." They thanked Mr. Trump, saying they "look forward to putting our commitments into ...

By Alexandra Alper (Reuters) -Nippon Steel's $14.9 billion acquisition of U.S. Steel closed on Wednesday, the companies said, confirming an unusual degree of power for the Trump administration ...