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The Latest Breaking News from Nippon Steel

US Steel Warns Plants Could Close Without Nippon Sale

United States Steel warned Wednesday it could shut its headquarters and factories in Pennsylvania, a key swing state in the upcoming election, if a takeover by Japan's Nippon Steel is blocked.

International Business Times

Nippon Steel Ensures U.S. Leadership In Proposed U.S. Steel Takeover

Nippon Steel revealed that majority of the board of directors of U.S. Steel will be Americans in case the deal pushes through.

International Business Times

Harris campaign to transfer $25m to down-ballot Democrats – live

Kamala Harris ‘believes that this race is about mobilizing the entire country’, the campaign said in a statement about the fund transfer

The Guardian - US

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Harris Opposes Sale Of US Steel To Japan's Nippon, Says Firm Should Stay 'American-Owned'

Vice President Kamala Harris expressed her opposition on the planned sale of U.S. Steel to Nippon Steel.

International Business Times

US Steel Acquisition By Nippon Steel Approved

Vice President Harris and President Biden support US Steel remaining American-owned, opposing its sale to Japan's Nippon Steel due to national security con...

Top News

Harris and Biden pitch for steel votes in Pittsburgh in first joint appearance on campaign trail

Kamala Harris and Joe Biden join forces in Labor Day outing, their first joint event since Harris accepted Democratic nomination for presidency

The Guardian - US

Vice President Harris Supports Keeping US Steel American-Owned

Vice President Kamala Harris and President Joe Biden stand against the sale of US Steel to Nippon Steel, emphasizing the importance of American-owned steel...

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Kamala Harris will say US Steel should not be sold to Japan

US Steel said that it remained committed to a proposed deal with Nippon Steel.

Fortune

Nippon Steel Increases Capital Commitment For U.S. Steel Acquisition

Nippon Steel increases capital commitment by Nippon Steel Increases Capital Commitment For U.S. Steel Acquisition.3 billion to upgrade U.S. Steel plants amidst opposition. Political and labor groups express concerns over ...

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Japan's steel giants dig deep for Australian coal

Production at one of Australia's biggest coal mines could be extended beyond 50 years under joint venture deals, with the buyers warned to brace for backlash.

AAP

China's Baosteel to buy out Nippon Steel's 50% stake in auto steel venture

China’s Baosteel says it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242 million

The Independent UK

U.S. Steel's Potential Sale To Nippon Steel Sparks Political Turmoil

The potential acquisition of U.S. Steel by Nippon Steel Corp. sparks debates in Pittsburgh, reflecting changing priorities and concerns about the steel ind...

Top News

Sale of US Steel kicks up a political storm, but Pittsburgh isn't Steeltown USA anymore

Pittsburgh's most storied steel company, U.S. Steel, is on the cusp of being bought by Japanese steelmaker Nippon Steel Corp. in a deal that's kicking up an election year political maelstrom

The Independent UK

Nippon Steel Fight Points To Industry's Uncertain Future In Pennsylvania

Nippon Steel's proposed acquisition of United States Steel has been a source of unease in Pittsburgh, where the metal once dominated the economy and still looms large in the collective psyche.

International Business Times

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US Steel To Be Sold To Japanese Rival In B Deal

Trump's tariffs did not save the American steel industry as challenges persist, exemplified by US Steel's sale to a Japanese competitor.

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EU Approves .9B Nippon Steel Acquisition Of U.S. Steel

EU approval of Nippon Steel's .9 billion acquisition of U.S. Steel enhances global steel industry competition.

International Business Times

EU Clears Nippon Buyout Of US Steel Opposed By Biden

The European Union on Monday approved the $14 billion takeover of major American manufacturer US Steel by Japan's Nippon Steel, which US President Joe Biden has opposed.

International Business Times

Nippon Steel's Acquisition Of US Steel Faces Delay Amid DOJ Inquiry

Initially slated for the second or third quarter of 2024, the closure is now tentatively aimed for the third or fourth quarter.

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U.S. Steel-Nippon Steel Deal Security Review Proceeds Normally

White House confirms security review of U.S. Steel-Nippon Steel deal amid concerns about national security and domestic steel industry implications.

Top News

Japan's Persistence In U.S. Steel Deal Analysis

Nippon Steel's pursuit of a partnership with U.S. Steel for growth and market advantages in the steel industry.

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US Senator Urges Biden To Review Nippon Steel Ties

US senator calls for review of Nippon Steel's alleged ties to China for national security concerns.

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Nippon Steel Emphasizes US Roots In U.S. Steel Deal

Nippon Steel highlights its strong presence in the US and commitment to partnership with U.S. Steel for mutual success in the steel industry.

Reason

Opposition to U.S. Steel Sale Shows How Similar Biden and Trump Are on Trade

Economic nationalists are claiming the deal endangers "national security" to convince Americans that a good deal for investors, employees, and the U.S. economy will somehow make America less secure. That's nonsense.

Top News

Nippon Steel Commits To No Layoffs Or Plant Closures Until 2026

Nippon Steel's commitment to no layoffs or plant closures at US Steel until 2026 ensures stability and growth in the steel industry.

Al Jazeera

Biden opposes Japanese takeover of US Steel, touts ‘American steelworkers’

US president’s remarks come as he is seeking to shore up support in key swing state of Pennsylvania.

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