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Nippon Steel to invest $14 billion in U.S. Steel including $4 billion for new mill: Reuters

Nippon Steel intends to allocate $14 billion toward U.S. Steel, with up to $4 billion designated for constructing a new steel mill, pending approval from the U.S. Government by May 21, 2025.
The investment follows prior merger attempts blocked on national security grounds by the Biden administration and faces a fresh review under the Trump administration.
Nippon Steel raised its investment commitment from $1.4 billion to $14 billion, including $1 billion allocated for a new greenfield facility expected to expand by an additional $3 billion, while ensuring that U.S. Steel's main offices remain located in Pennsylvania.
The deal carries a $565 million breakup fee, and Nippon Steel must avoid 25% tariffs if the transaction fails, while Trump has 15 days post-review to decide on approval.
Approval could grant Nippon Steel access to U.S. Steel markets benefiting from infrastructure laws, but it remains unclear if the investment will convince officials amid bipartisan political opposition.

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wibc.com

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Tony Katz and the Morning News 3rd Hr 5/20/25: Trackside's Kevin Lee joins to talk about the Penske violation and penalty, Nippon Steel plans to invest $14 billion in US Steel's operations, Join us Carb Day Friday at "Just Add Water", Trump admin settles

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19 hours ago

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Jonesboro Sun

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paxtonmedia.com

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Report: Nippon Steel to invest up to $4 billion in new steel mill, if merger goes forward

OSCEOLA — The proposed merger of U.S. Steel and Nippon Steel is the best deal for the United States and its workers, with Nippon looking to invest up to $4 billion for a new steel mill if merger talks are…

22 hours ago

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Nikkei

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Nippon Steel proposes large investment to push through US Steel deal

TOKYO -- Nippon Steel has proposed to the U.S. government a substantial capital investment in U.S. Steel as it seeks to get the green light from Presi

24 hours ago·Japan

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Financial Times

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Nippon Steel lifts US Steel investment pledge to $11bn in push to secure deal

Japanese suitor is also promising to add thousands of jobs in bid to win over Donald Trump

1 day ago·London, United Kingdom

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CNBC

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Nippon Steel to invest $4 billion for new U.S. Steel mill in $14 billion package, Reuters reports

Nippon Steel plans to invest $14 billion in U.S. Steel's operations including up to $4 billion in a new steel mill if it gets the green light for its bid.

1 day ago·United States

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