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U.S. Steel’s so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
Nippon Steel has successfully acquired U.S. Steel after an 18-month process, with the deal now including concessions such as a "golden share" for the U.S. government.
Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national ...
Nippon Steel named Burritt, Takahiro Mori, Naoki Sato and Hiroshi Ono as the new board members who will oversee the ...
The bidding war for U.S. Steel was sparked in August 2023, when Cleveland-Cliffs made an unsolicited offer to acquire U.S.
HARRISBURG, Pa. (AP) — 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 ...
The provision gives the president the power to appoint a board member and have a say in company decisions that affect domestic steel production and competition with overseas producers.
The Trump administration is delaying mandates that would have forced steelmakers U.S. Steel and Cleveland-Cliffs to cut toxic ...
Gary, Indiana Mayor Eddie Melton has said Nippon Steel plans to pump $1 billion into the U.S. Steel Gary Works.
Environmental activists called on the Nippon Steel and U.S. Steel to address the health, climate and economic impacts of the ...
Trump administration offers some details of how it would control US Steel, but union raises concerns
President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of the investment being made by Nippon Steel.
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