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NIPPON STEEL MERGER
India to lead next phase of global steel demand, says Lakshmi MittalIndia is set to become the global leader in steel demand. This shift follows decades of strong growth from China. Lakshmi Mittal, executive...
Donald Trump hails Nippon Steel as 'great partner' as deal awaits approvalAt a rally in Pennsylvania, President Trump addressed the proposed Nippon Steel acquisition of U.S. Steel, emphasizing the company would re...
Trump says US will control US Steel as part of Nippon dealDonald Trump asserted that the United States would maintain control over U.S. Steel despite its partnership with Nippon Steel, emphasizing ...
Nippon Steel shares climb after Trump offers support for U.S. Steel dealNippon Steel's shares saw a surge in Tokyo. This followed Donald Trump's backing of their bid for U.S. Steel. Trump highlighted the deal's ...
Trump says US Steel will keep HQ in Pittsburgh in a sign he'll approve bid by Japan-based NipponDonald Trump indicated a potential approval of Nippon Steel's investment in U.S. Steel, suggesting a "planned partnership" that would keep ...
US Steel shares jump 16%, hit 52-week high after Trump orders new security review of Nippon Steel bidShares of U.S. Steel are hitting a 52-week high after President Donald Trump ordered a new national security review of Nippon Steel's propo...
Trump says US Steel will get investment from Nippon Steel, instead of being bought by itPresident Trump announced that Nippon Steel will invest in U.S. Steel, promising mutual benefits and Japanese technology for American mills...
Trump meets US Steel CEO to discuss its long sought tie up with JapanPresident Trump met U.S. Steel CEO David Buritt at the White House. They discussed a blocked merger with Japan's Nippon Steel. The U.S. Ste...
Activist Ancora to push US Steel to drop Nippon merger and oust CEO, WSJ reportsActivist investor Ancora Holdings plans a proxy battle at U.S. Steel, urging the company to abandon its merger with Japan's Nippon Steel. A...
Nippon, US Steel sue Biden admin for blocking mergerThe suit, filed Monday in the US Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the c...
Despite recent blow, Japan won't stop trying to invest in the USPresident Joe Biden has prevented Japanese company Nippon Steel from acquiring US Steel due to national security concerns. The move follows...
Biden Blocks Nippon Steel's $14.9B US Steel Takeover, Citing National Security RisksPresident Joe Biden has taken a decisive step to block Nippon Steel's $14.9 billion bid to acquire US Steel, citing national security conce...
US Steelworkers' union criticizes Nippon Steel's proposal for lack of long-term commitmentThe United Steelworkers union has raised concerns over Nippon Steel's proposal to acquire U.S. Steel, citing lack of commitment to sustaini...
Nippon Steel says expects to close US Steel takeover by end of 2024Despite opposition from both President Biden and President-elect Trump, Japan's Nippon Steel remains optimistic about finalizing its acquis...
- Nippon Steel, Sumitomo Metal to formally merge tomorrow
Earlier this month, the two companies had announced an agreement to integrate and reorganise their business operations on the scheduled dat...
- Japanese keen to invest in Odisha's steel sector
Japanese steel makers are keen to invest in Odisha, but would wait till Posco's proposed 12mtpa steel project takes off near Paradip.
- Nippon, Sumitomo Metal may retain Tata Steel as ally
Companies likely to retain Tata Steel as their lone partner in India to avoid possible project duplication and competition issues.
- Arcelor Mittal, Posco to talk cooperation
An executive of Arcelor Mittal, the world's largest steelmaker, plans to hold talks with the head of South Korea's Posco this week about po...
- Arcelor Mittal executive to meet steelmaker Posco
An executive of Arcelor Mittal, the world's largest steelmaker, plans to hold talks with the head of South Korea's Posco this week about po...
- China plans steel links with Japanese, Korean cos
Japan’s Nippon Steel has said it is considering a possible tie-up with China’s largest steelmaker Baosteel Group amid growing competition a...