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Nippon Steel Secures $5.6 Billion in Loans for U.S. Steel Acquisition

UNITED STATES, JUL 7 – Nippon Steel acquired US Steel for $14.1 billion with $11 billion more in planned investments, aiming to revitalize US manufacturing and maintain government oversight.

Summary by Oil Price
Via Metal Miner The Raw Steels Monthly Metals Index (MMI) trended sideways, with a 1.37% increase from June to July. With a few exceptions, steel prices remained largely steady as long-awaited trade deals with the U.S. began to materialize. Nippon Officially Acquires U.S. Steel After an arduous 18-month process, Nippon Steel officially acquired U.S. Steel. Initially blocked by former President Biden in January 2025, President Trump revived the d…

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Nippon Steel has officially acquired US Steel, after 18 months of arduous negotiations. The transaction was initially blocked by former President Joe Biden in January 2025, with President Trump relaunching the negotiations, requesting a new round of talks after months of lobbying. Ultimately, the board of directors resigned, the Japanese steel producer […] The article Nippon Steel officially takes over US Steel – How the steel market looks in th…

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newstomato.com broke the news in on Monday, July 7, 2025.
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