News

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.
New disclosures with the U.S. Securities and Exchange Commission show that President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which ...
At a rally at US Steel facility outside of Pittsburgh a week after saying ... But while some local union officials were at the rally and praised the deal, the United Steelworkers union continued to ...
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
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 ...
President Donald Trump approved the merger of U.S. Steel with Japan’s Nippon Steel only after the companies accepted the ...
President Trump holds a veto power on specific matters and has the right to appoint an independent director as part of the Nippon Steel takeover.
The bidding war for U.S. Steel was sparked in August 2023, when Cleveland-Cliffs made an unsolicited offer to acquire U.S.
Nippon Steel named Burritt, Takahiro Mori, Naoki Sato and Hiroshi Ono as the new board members who will oversee the ...
Thursday's statement from the Canadian Steel Producers Association takes particular issue with Ottawa's immediate measures ...
Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national ...
Government talks to finalise the deal to spare the UK from US steel tariffs are ongoing, Downing Street has said, as the ...