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Nippon Steel is set to invest around $11 billion in U.S. Steel by 2028, including an initial investment in a greenfield project.
President Trump would have unique influence over the operations of U.S. Steel under the terms of what the White House calls an "investment" by Nippon Steel in the Pittsburgh-based steelmaker.
President Donald Trump announced in late May 2025 a revised partnership agreement between U.S. Steel and Nippon Steel, ...
HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a ...
In a statement, the United Steelworkers union said they feel their concerns have been continually downplayed but they are determined to hold Nippon to its commitments.
According to Pennsylvania Republican Sen. Dave McCormick, the deal between Nippon and U.S. Steel would create investments in plants like the ones in the Mon Valley, but the United Steelworkers are ...
The Pittsburgh-based steel maker and Nippon Steel plan $11 ... U.S. Steel or the national security agreement with the federal government. On Sunday, the United Steelworkers, the labor union ...
The Pittsburgh-based United Steelworkers (USW) union, which represents some mill workers at Cleveland-Cliffs, U.S. Steel and some other firms, has indicated it thinks more can be done to prevent ...
Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national ...
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
New disclosures with the U.S. Securities and Exchange Commission show that President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which ...
U.S. Steel shares fall as Nippon Steel and Trump differ on ownership structure. Deal faces uncertainty amid conflicting statements on control.