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

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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

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China's Baosteel says it will acquire Nippon Steel's 50% stake in their auto steel joint venture

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BANGKOK (AP) — China’s Baosteel says it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242 million. The contract for the joint venture, Baosteel Nippon Steel Automotive Steel Sheets, was due to expire on July 30. Demand for steel in China has weakened, prompting Nippon Steel to focus elsewhere, such as its contested bid for U.S. Steel. Baosteel’s share price fell 2.5% on Tuesday. Nippon Steel’s shares were up …

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‘If the US steel workers aren’t happy with this deal, which they are not, I’m not happy with this deal,’ the Pennsylvania Governor said.

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Potential Harris running mate Josh Shapiro opposes Nippon-US Steel merger

TOKYO : Nippon Steel Corp. has hired former U.S. Secretary of State Mike Pompeo as an adviser on its efforts to acquire US Steel, Kyodo news agency reported on Saturday."We look forward to working closely with him to make the United States' economy and security stronger," Kyodo quoted Nippon Steel as sayi

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Nippon Steel hires Mike Pompeo to advise on US Steel deal, Kyodo reports

BANGKOK (AP) — China’s Baosteel says it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242 million. The contract for the joint venture, Baosteel Nippon Steel Automotive Steel Sheets, was due to expire on July 30. Demand for steel in China has weakened, has weakened as the auto industry transitions to electric vehicles and as property construction has languished during an industry downturn. Reports said Nippon …

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KDKA-TV talked exclusively with Takahiro Mori, vice chairman of Nippon Steel and the head of its global operations, about the proposed deal.

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Nippon Steel talks future of Mon Valley and union jobs if it acquires U.S. Steel

BANGKOK (AP) — China’s Baosteel said Tuesday that it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242 million. The contract for the joint […]

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It is the latest strategy in the wide-ranging effort by the Japanese company to allay fears.

It's the latest strategy in the wide-ranging effort by the Japanese company to allay fears.

Nippon Steel hires former Secretary of State Mike Pompeo to help seal U.S. Steel deal - Pittsburgh Business Times

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Nippon Steel hires former Secretary of State Mike Pompeo to help seal U.S. Steel deal - Pittsburgh Business Times.

President Joe Biden's opposition to the Nippon Steel purchase is rooted in campaign gamesmanship and half-truths.

The bad economics behind Biden’s Nippon Steel opposition - Washington Examiner

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Japan's Nippon Steel Corp to potentially purchase U.S. Steel

Japan's Nippon Steel Corp to potentially purchase U.S. Steel

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