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Nippon Steel
Latest News
Nippon Steel Remains Confident in U. S. Steel Acquisition
05 August 2024 - Nippon Steel Corp. has reiterated its belief that will finalize its proposed acquisition of United States Steel Corporation by year’s end.
U. S. Steel Takes Its Merger Case to Voters
29 July 2024 - United States Steel Corporation has turned to a new tactic as it pushes to brings its US$14.9 billion merger with Nippon Steel Corp. to fruition: pitching the public directly.
Nippon Steel Sells Stake in Chinese JV
23 July 2024 - Japan’s Nippon Steel Corp. is pulling out of its Chinese joint venture with Baoshan Iron & Steel, ending a 20-year relationship.
Former U.S. Secretary of State Mike Pompeo Teams with Nippon Steel
22 July 2024 - Nippon Steel Corp. has enlisted the help of former U.S. Secretary of State Mike Pompeo as it works toward finalizing its US$14.9 billion acquisition of United States Steel Corporation, accord to the Reuters news service.
Report: Justice Department to Further Scrutinize Nippon Steel-U. S. Steel Deal
11 April 2024 - The U.S. Justice Department has initiated an in-depth antitrust investigation of Nippon Steel’s planned acquisition of United States Steel Corporation, according to a report in Politico.
Japan Prime Minister Hopes for Positive Outcome to U. S. Steel Acquisition
10 April 2024 - Japan Prime Minister Fumio Kishida expressed hope Wednesday that the Nippon Steel acquisition of United States Steel Corporation will come to pass.
Nippon Steel: We Would Make Pittsburgh Our U.S. HQ
21 March 2024 - Nippon Steel is promising to move its U.S. headquarters from Texas to Pittsburgh, Pa., should its planned acquisition of United States Steel Corporation come to pass, the Reuters news service reports.
Japanese DRI Demonstration Project Selects ENERGIRON Technology
20 March 2024 - Tenova and Danieli will lend their ENERGIRON direct reduction technology to a demonstration project intended to test full hydrogen reduction with low-grade iron ore.
‘Our Transaction Delivers Clear Benefits to U. S. Steel,’ Says Nippon Steel
18 March 2024 - Nippon Steel Corp. is reiterating what it says are the benefits of its planned acquisition of United States Steel Corporation, arguing that the deal would bolster U.S. supply chains.
Biden Weighs in on U. S. Steel Acquisition
14 March 2024 - U.S. President Joe Biden is opposed to Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, saying Thursday that it is important that the U.S. maintain “strong American steel companies powered by American steel workers,” according to the Associated Press.
USW Reports on Meeting With Nippon Steel
12 March 2024 - Nippon Steel Corp. and the United Steelworkers (USW) union met late last week to discuss the company’s acquisition of United States Steel Corporation, but the union said it remains unassured.
Report: Nippon Steel, USW to Begin Dialogue Over Merger
07 March 2024 - Nippon Steel executive vice president Takahiro Mori is to meet with United Steelworkers leadership to discuss his company’s proposed acquisition of United States Steel Corporation, reports the Reuters news service.
United Steelworkers Union, Nippon Steel Sign Nondisclosure Agreement
29 February 2024 - The United Steelworkers (USW) union has signed a nondisclosure agreement with Nippon Steel Corp., a precursor to allowing discussion between the labor union and the acquirer of United States Steel Corporation to proceed.
Wheeling-Nippon Celebrates Production Milestone
22 February 2024 - West Virginia coil processor Wheeling-Nippon Steel recently celebrated a production milestone, coating its 20 millionth ton.
Nippon Steel Reports Successful H2 Injection Trial
14 February 2024 - Nippon Steel Corp. reduced blast furnace CO2 emissions by 33% during a month-long hydrogen injection trial, the company has reported.
Nippon Steel: We’re the Right Investor for U. S. Steel
23 January 2024 - Nippon Steel Corp.’s leading executives on Tuesday reiterated promises that the company would honor United States Steel Corporation’s collective bargaining agreements and would share technology that would improve the iconic steelmaker’s competitiveness.
NSC-USS Sale Doesn’t Impact National Security, Says Former Treasury Secretary
19 January 2024 - Former Treasury Secretary Lawrence Summers said national security is a non-issue when it comes to the Nippon Steel Corp. acquisition of United States Steel Corporation, reports the Bloomberg news service.
Report: U. S. Steel – Nippon Steel Deal Faces Scrutiny
11 January 2024 - Attorneys for United States Steel Corporation and Nippon Steel Corporation have been exchanging phone calls and emails as the Biden Administration prepares to review the planned acquisition of the American steelmaker, The Wall Street Journal reported Thursday.
Nippon Steel Executive Optimistic on Chances of Acquiring U. S. Steel
08 January 2024 - Despite calls for a through review of Nippon Steel Corp.’s acquisiton of United States Steel Corporation, Nippon Steel’s top executive believes the deal will ultimately be finalized, the Reuters news service reports.
POSCO, Nippon Steel Finalize Stakes in Canadian Met Coal Business
04 January 2024 - Nippon Steel Corp. and POSCO have closed on acquisitions of minority stakes in Teck Resources Ltd.'s metallurgical coal operation.
