Steel News

POSCO Continues Divestment From Nippon Steel

18 December 2025 - POSCO Holdings is moving to sell all its remaining shares in Nippon Steel, building on a partial divestment earlier this year, according to Business Korea.

Nippon to Make Decision on U.S. Greenfield Mill in 2027

03 December 2025 - Nippon Steel plans to narrow the list of possible locations for a proposed greenfield mill to two or three states by the end of the summer of 2026, reports the Bloomberg news service.

Nippon Steel Enters Joint Venture Agreement With Nakayama Steel Works

01 December 2025 - Nippon Steel Corp. announced it has entered into a joint venture agreement with Nakayama Steel Works Ltd. to form a joint venture company to finance and build an electric arc furnace (EAF) steel mill in Japan.

Trump Appoints Two Commerce Officials to Oversee U. S. Steel Golden Share Agreement

24 November 2025 - U.S. President Donald Trump has appointed two Department of Commerce officials to monitor United States Steel Corporation’s compliance with the golden share agreement the U.S. government made with Nippon Steel, according to a letter filed in the U.S. Federal Register.

U. S. Steel Outlines US$11 Billion Capital Investment Program

05 November 2025 - United States Steel Corporation is planning to build a new hot strip mill at its Edgar Thomson plant, reline the No. 14 Gary Works blast furnace and construct a direct reduction plant as part of parent Nippon Steel’s promised US$11 billion investment in the business.

Robe River Joint Venture to Invest US$733 Million for Extension of West Angelas Iron Ore Mine

07 October 2025 - The Robe River Joint Venture, composed of Rio Tinto, Mitsui and Nippon Steel, will invest US$733 million to develop the West Angelas Sustaining Project in Western Australia’s Pilbara region.

Nippon Steel Purchases 30% Stake in Canadian Kami Iron Ore Project

30 September 2025 - Nippon Steel has formed a joint venture with Australia’s Champion Iron and Sojitz by purchasing a 30% stake in Canada’s Kami iron ore project to secure high-grade ore supplies for direct reduced iron.

U. S. Steel Board Announces New Projects in Pennsylvania, Indiana

25 September 2025 - The board of directors for United States Steel Corporation, in partnership with Nippon Steel, announced they have approved capital investment plans including a new slag recycler at its Edgar Thomson Plant in Braddock, Pa., USA, and improvement of the Gary Works hot strip mill in Gary, Ind., USA.

BlueScope Leads Consortium to Participate in Whyalla Steelworks Sale Process

04 August 2025 - BlueScope announced that it has entered into a collaboration agreement with Nippon Steel Corp., JSW Steel Ltd. and POSCO to form a consortium to explore the possible options for the Whyalla Steelworks assets in Australia.

U. S. Steel Announces its Board of Directors

30 July 2025 - United States Steel Corporation, along with Nippon Steel Corp. and its subsidiary Nippon Steel North America Inc., announced the appointment of three independent U.S. directors to U. S. Steel’s board of directors.

Champion Iron, Nippon Steel, Sojitz Partner for the Kami Project

22 July 2025 - Champion Iron Ltd. announced it has entered into a framework agreement with Nippon Steel Corp. and Sojitz Corp. to contribute US$245 million for a combined 49% interest in the Kami Iron Mine Partnership.

ArcelorMittal Acquires Nippon Steel’s Interest in AM/NS Calvert

18 June 2025 - ArcelorMittal announced today that it has acquired Nippon Steel Corp.’s 50% equity stake in AM/NS Calvert, true to the equity purchase agreement the companies made last year subject to Nippon Steel completing its acquisition of United States Steel Corporation.

Nippon Steel, U. S. Steel Finalize US$14.9 Billion Acquisition

18 June 2025 - Nippon Steel Corp and United States Steel Corporation on Wednesday finalized their US$14.9 billion merger, cementing a historic partnership that is expected to bring billions of dollars in new investment to U. S. Steel's facilities.

Trump Approves Nippon Steel’s US$14.9 Billion Purchase of U. S. Steel

16 June 2025 - U.S. President Donald Trump has approved Nippon Steel’s US$14.9 billion bid for United States Steel Corporation after both companies signed an agreement with the Treasury Department resolving national security concerns, reported Reuters.

Report: Trump Says U.S. Has “Golden Share” in U. S. Steel

13 June 2025 - U.S. President Donald Trump said part of a potential deal for Nippon Steel to buy United States Steel Corporation includes the U.S. having a “golden share” in the company, Reuters reported.

Trump Says He's Supporting Nippon Steel-U.S. Steel 'Partnership'

27 May 2025 - President Donald Trump appears to be backing Nippon Steel’s acquisition of United States Steel Corporation, stating in a Truth Social post that the “planned partnership” will create thousands of jobs and inject billions into the economy.

Steel Industry Awaits Trump Decision on U. S. Steel

22 May 2025 - The Committee on Foreign Investment in the United States has forwarded a recommendation on the United States Steel Corporation and Nippon Steel Corp. merger, but details of the recommendation have not been disclosed, the Reuters news service reports.