Nippon Steel News

Nippon Steel Challenges Biden Administration in Court Over Blocked US Steel Deal

Nippon Steel Corp. is taking the Biden administration to court over the blocked acquisition of US Steel Corp., alleging unfair review processes and political interference. The tria...

Legal Showdown: Nippon Steel and US Steel Challenge Biden's Block on $14.9B Merger

Nippon Steel and US Steel have filed lawsuits against President Biden's decision to block their $14.9 billion merger, claiming it would enhance US national security and strengthen ...

Nippon Steel Challenges US Government in Court Over Biden's Blockade on $14.9 Billion Deal

Nippon Steel Corporation is set to sue the US government following President Biden's blockade of its $14.9 billion takeover of US Steel. The Japanese firm argues there's no credibl...

Biden Administration Faces New Nippon Steel Bid Amid National Security Concerns

Nippon Steel Corp. has submitted a new acquisition proposal for United States Steel Corporation to the Biden administration, including a government veto on production cuts, amid na...

Nippon Steel Adjusts Timeline for US Steel Takeover to Early 2025

Nippon Steel has revised the expected closure date of its $15 billion acquisition of US Steel to the first quarter of 2025, urging President Biden for a fair evaluation amidst poli...

Biden's Decision Could Seal Nippon Steel's $15 Billion Deal with US Steel

Nippon Steel's $15 billion bid for US Steel is pending as the Committee on Foreign Investment in the United States (CFIUS) reaches a deadlock. President Joe Biden now has the final...

Nippon Steel Joins Forces to Develop Major Canadian Iron Ore Project

Nippon Steel Corp. announces a joint venture with Champion Iron Ltd. and Sojitz Corp. to develop the Kami iron ore project in Canada, aiming to secure a stable supply of raw materi...

Nippon Steel Criticizes Political Interference in US Deal

Nippon Steel criticizes political interference in its planned acquisition of US Steel, valued at $14.9 billion. The deal is under review by a Washington body, with reports suggesti...