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U.S. Steel’s so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.
Tata Steel plans to produce 10–15 million tonnes of steel through recycling over the next 10–15 years as part of its sustainability push.
TOKYO -- With the $14.1 billion acquisition of U.S. Steel set to take place on Wednesday, Nippon Steel finally attained the last piece of the puzzle in its global expansion strategy.
Nippon Steel is expected to complete the acquisition on Wednesday U.S. time, buying all U.S. Steel shares for $14.1 billion.
The agreement brings the companies one step closer to completing the $14.3 billion sale of U.S. Steel that the companies agreed to in December 2023.
President Donald Trump has approved a partnership between US Steel and Nippon Steel, the companies said in a release on Friday.
A receiver has been appointed in connection with a debt-ridden South Yorkshire steel company.
Reynolds discusses British Steel row with Chinese counterpart The fate of the Scunthorpe-based steelmaker, which was taken into government control in April, has been raised during talks between ...
The steel used in cans is mostly imported—and subject to the Trump administration’s new 50% levy.
There are reports that Nippon will spend billions of dollars on U.S. Steel facilities in Pennsylvania, Alabama, Arkansas, Minnesota and Indiana.
US President Donald Trump's 50% tariffs on steel and aluminium imports come into effect today. But could Germany's defence industry be paving the way for a steel boom?