US Steel, Nippon Steel Finalize 'Historic Partnership'

Nippon Steel, U.S. Steel finalize historic partnership backed by Trump-endorsed vision

PITTSBURGH — Nippon Steel Corporation (TSE: 5401), in partnership with its wholly owned subsidiary Nippon Steel North America, Inc. and United States Steel Corporation, has completed a historic merger that

'Historic partnership' finalized between US Steel and Nippon Steel

The $15 billion deal will result in what will be the world’s 4th-largest steelmaker, and will bring Nippon Steel’s advanced technology to U.S. Steel’s antiquated steelmaking processes.

US Steel, Nippon Steel finalize 'historic partnership'

U.S. Steel said Wednesday it finalized its merger with Japan’s largest steelmaker, Nippon.  President Trump lauded the acquisition as a partnership in which the U.S. would maintain a “golden share” of profits with expanded investments in Pennsylvania, Indiana, Arkansas, Minnesota and Alabama.  “U. S. Steel will remain rooted in the United States and continue to call Pittsburgh home. Through our partnership with Nippon Steel, we are poised to gro…

U.S. Steel/Nippon Steel seal “historic” partnership

It’s a done deal.

Nippon Steel Seals $14.9B U.S. Steel Deal After Trump ‘Golden Share’ Pact

After months of drama, Japan’s Nippon Steel has officially sealed its $14.9 billion takeover of US Steel. It is transforming itself into a heavyweight in America’s steel industry.At first, this deal looked doomed. Why? Both President Trump and his rivals were uneasy about a foreign firm snapping up one of America’s last major steel producers. But Nippon played it smart. They made promises Washington couldn’t ignore—and it worked. Trump gave the …

$14.9B Nippon, US Steel Deal Finalized

Nippon Steel announced Wednesday that it has completed its acquisition of Pittsburgh-based U.S. Steel, a year-and-a-half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly $15 billion. A press release from Tokyo-based Nippon claimed the partnership will create more than 100,000 jobs through “unprecedented massive investments” in steelmaking across U. S. Steel’s footprints, including in Arkansas, P…