A Nippon Steel Corp. executive expressed confidence on Nov. 7 that the company will complete its acquisition of U.S. Steel Corp. before Donald Trump, who has opposed the deal, assumes the presidency in January. Vice Chairman Takahiro Mori said at a news conference that a reapplication―which...
JAPANS NIPPON STEELclinched a deal to buy U.S. Steel for $14.9 billion in cash, prevailing in an auction for the 122-year-old iconic steelmaker over rivals including Cleveland-Cliffs, ArcelorMittal and Nucor. The deal price of $55/share represents a whopping 142 percent premium to Aug. ...
Thenew president of Nippon Steel, Imai Tadashi, who took office today, said on April 1 that the company will continue to advance plans to acquire American Ste
Japan's biggest steelmaker is pursuing a cash deal to buy the 123-year-old U.S. Steel, despite resistance from Biden, the United Steel Workers (USW) union and many members of Congress while a U.S. national security review is conducted. The deal has also been opposed by both Republican ...
Nippon Steel Corp, the biggest steelmaker from Japan plans to almost double crude steel output capacity at its India's Hazira plant to secure more of the growing market, an executive said. The expansion plan comes despite a growing concern about a slowdown in the global economy amid rising ...
The company’s joint venture with ArcelorMittal in Calvert, Alabama, U.S. announced its plans to construct a new electric arc furnace. United States Steel News News
NIPPON STEEL HIRES FORMER TRUMP OFFICIAL MIKE POMPEO TO ADVISE ON US STEEL ACQUISITION Nippon Steel has said it plans to invest nearly $3 billion in updating U.S. Steel's Mon Valley and Gary mills.(Justin Merriman/Bloomberg via Getty Images / Getty Images) ...
Any move to block the deal could potentially be subject to litigation. There’s no sign that Nippon Steel plans to walk away voluntarily, one of the people said. “Nippon Steel strongly believes that the US government must appropriately handle procedures on this matter in accordance with the la...
A high-level overview of Nippon Steel Corporation (NISTF) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.
5401 | Complete Nippon Steel Corp. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.