The Business Times

US Steel

Energy & Commodities

US Steel approves US$300 million tranche of Nippon Steel spending

US Senator John Fetterman (right) speaks with a police officer outside of US Steel's Clairton Coke Works following an explosion at the plant in Clairton, Pennsylvania, Aug 11, 2025.
Energy & Commodities

Explosions at US Steel plant leaves two dead, 10 injured

Nippon Steel said its annual crude steel production capacity is expected to reach 86 million tonnes, bringing it closer to Nippon Steel’s global strategic goal of 100 million tonnes of global crude steel production capacity.
Global Enterprise

Nippon Steel’s US$14.9 billion acquisition of US Steel closes, with big role for Trump

Shares of Nippon Steel, the world’s fourth-largest steelmaker, gained 3 per cent to 2,915 yen by the mid-day break after being untraded with a glut of buy orders earlier in the day.
Energy & Commodities

Nippon Steel shares rise after Trump approves US$14.9 billion US Steel bid

Shares of US Steel rose 3.5% on the news in after-the-bell trading as investors bet the deal was close to done.
Global Enterprise

Debt to decarbonisation: challenges for Nippon Steel

Shares of US Steel rose 3.5% on the news in after-the-bell trading as investors bet the deal was close to done.
Global Enterprise

Trump said Nippon-US Steel deal has resolvable national security risk

Trump said the US$14.9 billion deal, like the tariff increase, will help keep jobs for steel workers in the US.
Global Enterprise

Trump says he plans to double steel, aluminum tariffs to 50%

On a Pittsburgh, Pennsylvania-area stage decorated with signs celebrating “American steel”, Trump appeared to signal he would support a long-sought tie-up between the Japanese and US companies that he once opposed.
Global Enterprise

Trump celebrates Nippon Steel 'deal' with rally at Pennsylvania plant

If the acquisition is approved, Nippon Steel plans to buy all of US Steel’s shares and delist them.
Energy & Commodities

US will have golden share in Nippon Steel’s takeover of US Steel, lawmaker says

Trump’s blessing – and billions of US dollars of Japanese capital – could bring about a new era for the US steelmaker, once the world’s largest company.
Companies & Markets

Trump backing for Nippon Steel deal comes with big questions

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