News

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 completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national ...
HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal ...
Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to Pennsylvania, ...
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
The U.S. Steel and Nippon deal continues to be a point of contention between labor and the presidential administration.
Nippon Steel named Burritt, Takahiro Mori, Naoki Sato and Hiroshi Ono as the new board members who will oversee the ...
Last week, the powerful United Steelworkers union, which had long opposed a sale to Nippon Steel, sent a request to U.S. Steel pushing for more information about the deal.
Nippon has also committed to making $11 billion in new investments in U.S. Steel by 2028. Security experts have described the agreement as among the stronger pacts that U.S. companies usually ...
The USW will continue to stand watch, holding Nippon to every commitment it has made to our members and their communities." ...
On Saturday, June 21, 2025, Congresswoman Nikki Budzinski (IL-13) joined local United Steelworkers leaders at a press ...
The deal by Japan’s top steelmaker creates a formidable global competitor and helps revive U.S. Steel’s competitiveness.