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Japan's Nippon Steel said on Wednesday it would raise 800 billion yen ($5.6 billion) through two subordinated loans to ...
Nippon Steel has successfully acquired U.S. Steel after an 18-month process, with the deal now including concessions such as ...
India's finished steel imports fell 27.6% in the first two months of the financial year that started in April, as shipments from China and Japan declined, provisional government data reviewed by ...
Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national security concerns.
HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a ...
The bidding war for U.S. Steel was sparked in August 2023, when Cleveland-Cliffs made an unsolicited offer to acquire U.S. Steel for $7.25 billion. Both companies are major suppliers of steel to the U ...
Nippon Steel plans to raise up to $5.6 billion in subordinated loans, as part of efforts to strengthen its balance sheet following its $14 billion acquisition of U.S. Steel.
It remains to be seen if the precedent set by Nippon Steel, allowing it to be handcuffed by the U.S. federal government, will ...
United States Steel shares are jumping in premarket trading Monday, as the Pittsburgh-based company’s takeover by Japan’s Nippon Steel looks set to close following the deal's approval by President ...
The pact with the Trump administration includes the issuance of a so-called golden share to the U.S. government, giving it authority over the Pittsburgh-based steelmaker's production and trade matters ...
President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a ...