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President Trump initially opposed the proposed acquisition of U.S. Steel by Nippon Steel, as President Biden did before him. Calling it a partnership gives him a way to finesse his change in ...
The Trump administration is delaying mandates that would have forced steelmakers U.S. Steel and Cleveland-Cliffs to cut toxic emissions, drawing industry praise and environmentalist dismay. A July ...
Environmental activists called on the Nippon Steel and U.S. Steel to address the health, climate and economic impacts of the deal.
HARRISBURG — President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out ...
Nippon Steel has very publicly been on a hunt for growth for several years, given that its home market is not growing, and the purchase of U.S. Steel establishes a major presence for it in one of the ...
That included upping its capital commitments in U.S. Steel facilities and adding the golden share provision, giving Trump the right to appoint an independent director and veto power on specific ...
GRANITE CITY — U.S. Rep. Nikki Budzinski and the local steelworkers union on Saturday demanded that President Donald Trump and the Japanese firm that just bought U.S. Steel find a way to ensure ...
Trump-era tariffs reshape foreign steel investment—Nippon's U.S. Steel deal shows market entry now demands political alignment and government oversight ...
Nippon Steel and U.S. Steel did not list the full terms of the deal, and did not release a national security agreement struck with Trump's administration.
Eiji Hashimoto, Nippon Steel’s chairman and CEO, thanked Trump for his role, adding that "Nippon Steel is excited about opening a new chapter of U.S. Steel’s storied history." ...
Nippon Steel is set to invest around $11 billion in U.S. Steel by 2028, including an initial investment in a greenfield project.
LITTLE ROCK (KATV) — A partnership between Japan-based Nippon Steel and U.S. Steel has been finalized. The partnership is expected to create more than 100,000 jobs and bring massive investments ...