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Steel industry experts react to Nippon Steel, U.S. Steel deal
Gary Mayor Eddie Melton has been supportive of a deal between Nippon and U.S. Steel for months, citing how it would benefit Gary Works. In August, it was announced that Nippon Steel would invest $300 million into the local facility. A Nippon executive later said the company would invest $1 billion into Gary Works.
Nippon Steel Shares Rise Sharply After Trump Allows U.S. Steel Deal to Move Forward
Nippon Steel shares rose sharply after the Japanese company received a conditional green light from President Trump to take control of U.S. Steel under what he described as a partnership. Shares were recently 4.9% higher at 3,010 yen, equivalent to $21.13, on Monday in Tokyo.
This story examines the sweeping impact of President Trump’s decision to double Section 232 tariffs on steel and aluminum, ...
The potential merger between Nippon Steel and U.S. Steel highlights political and economic tensions. Proposed since 2023, ...
Trump made the announcement as he celebrated a multi-billion dollar deal between the iconic American steelmaker U.S. Steel ...
The stock had moved up on speculation that the review could revive the deal. Nippon Steel first aired its proposal to buy U.S. Steel in December 2023 - a deal that was valued at $55 a share - ...
At a rally, President Trump praised a partnership between U.S. Steel and Nippon Steel but did not clarify his stance on their ...
Although Akin Gump is the primary lobbying firm listed on Nippon Steel’s roster, a handful of other industry heavyweights with close connections on Capitol Hill have been brought in to help ...
US Steel's profit margins are compressing with the rest of the industry. Its liabilities ... stems from the on-and-off deal speculation coming from Nippon and Trump. Crucially, if the global ...
President Trump travels to Pittsburgh Friday to celebrate a deal between U.S. Steel and the Japanese company Nippon Steel — a deal he helped... Trump to celebrate US Steel-Nippon Steel ...
TOKYO -- Nippon Steel reiterated its interest in acquiring U.S. Steel on Friday, as tariffs by the Trump administration and other uncertainties facing the steel industry heighten the ...
In Tokyo, there’s concern — and more than a little trepidation — over what the Nippon Steel deal and doubled tariffs portend ...
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