Topic - Nippon Steel

In June, U.S. Steel and Nippon Steel announced they had finalized a “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 first proposed its nearly $15 billion buyout of the iconic American steelmaker.

Explosion at US Steel plant in Pennsylvania leaves dozens hurt, people trapped under rubble →

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.

Nippon Steel finalizes $15 billion takeover of U.S. Steel after sealing national security agreement →