US EditionNippon Steel's Acquisition of U.S. Steel Gets Second National Security Review
- Nippon Steel is pursuing a $14.9 billion acquisition of U.S. Steel and faces a second U.S. National security review as of May 2025.
- The deal was initially blocked by former President Biden in January 2024 on national security grounds, prompting renewed CFIUS evaluation directed by President Trump in April.
- Nippon Steel intends to inject $14 billion into U.S. Steel's operations, with up to $4 billion allocated for constructing a new steel facility, subject to approval from regulators and resolution of national security issues.
- A lead negotiator from Nippon Steel emphasized that the agreement would strengthen both companies and is fully aligned with Trump’s policies, though opinions among labor leaders and steelworkers remain split regarding its approval.
- The U.S. Government’s decision, expected around early June 2025, will determine if Nippon Steel obtains full ownership needed to share technology and maintain U.S. Steel’s name and operations.
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U.S. Panel Divided over Nippon Steel Bid for US Steel but Path Forward Seen, Says Official
WASHINGTON (Reuters) — A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel 5401.T's bid for U.S. Steel X.N but most panel members believe any security risks posed by the deal can be addressed, a White House official said.
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Coverage Details
Total News Sources23
Leaning Left2Leaning Right3Center8Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
15%
C 62%
R 23%
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