US Steel

Nippon Steel excludes US Steel from profit guidance on ‘significant’ market challenges

The exclusion is attributed to current US steel market conditions, cost rises and heightened uncertainty in the US market

Japan’s Nippon Steel took control of US Steel in June after a protracted takeover battle that drew the personal involvement of US President Donald Trump.

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

UNITED States Steel approved a US$300 million investment to upgrade some of its facilities, advancing part of an US$11 billion commitment by Nippon Steel after its takeover of the storied American ste...

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.

Explosions at US Steel plant leaves two dead, 10 injured

MULTIPLE explosions on Monday at a US Steel plant near Pittsburgh killed two people and injured 10 others, according to the company and local authorities.

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.

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

Under the deal terms, Nippon bought 100% of US Steel shares at US$55 per share

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.

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

[TOKYO] Nippon Steel shares rose on Monday after US President Donald Trump approved its US$14.9 billion bid for US Steel, clearing a key hurdle in its 18-month pursuit and securing access to a vital m...

Nippon Steel and US Steel said they had “entered into a National Security Agreement” with the US government, which “provides that approximately US$11 billion in new investments will be made by 2028”.

Debt to decarbonisation: challenges for Nippon Steel

[TOKYO] Nippon Steel on Saturday (Jun 14) touted a “historic partnership” with US Steel after US President Donald Trump approved a multi-billion-dollar merger.

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

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

US PRESIDENT Donald Trump said on Friday (Jun 13) that concerns over national security risks posed by Nippon Steel’s US$14.9 billion bid for US Steel can be resolved if the companies fulfill certain c...

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

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

[WEST MIFFLIN] US President Donald Trump on Friday said he planned to increase tariffs on foreign imports of steel and aluminum to 50 per cent from 25 per cent, ratcheting up pressure on global steel ...

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.

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

[WEST MIFFLIN] US President Donald Trump on Friday (May 30) lauded a “partnership” between Nippon Steel and US Steel at a political rally but stopped short of clarifying whether he planned to approve ...

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

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

The details are laid out in what is called a national security agreement (NSA) the companies will sign with the US government