U.S. Steel last year settled a lawsuit brought by environmental groups over emissions that stemmed from the 2018 Clairton ...

A deal between Nippon and U.S. Steel was first proposed in late 2023. Then-President Joe Biden rejected the deal on national security grounds near the end of his time in office, but President ...

Nippon Steel and U.S. Steel have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a year-and-a-half after the Japanese company ...

Nippon Steel's $14.9 billion acquisition of US Steel closed on Wednesday, the companies said, confirming an unusual degree of power for President Trump after the Japanese company's 18-month ...

Nippon will make good on its commitment to retain the name of U.S. Steel and keep the headquarters in Pittsburgh, but also move the U.S. Nippon headquarters from Houston to Pittsburgh.

Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.

Trump gets ‘golden share’ power in US Steel buyout. US agencies will get it under future presidents The national security agreement became effective June 13 and is between Nippon Steel, as ...

U.S. Steel shares stopped trading at 8:30 a.m. ET on Wednesday after Nippon completed its acquisition, according to a notice from the NYSE. The delisting will be effective on June 30, NYSE said.

That included U.S. Steel's $774 million purchase of the remaining equity in Osceola, Arkansas-based Big River Steel in 2021. Duncan also led billions of dollars in securities offerings for U.S. Steel.

A “golden share” held by the U.S. government can stop Nippon from closing U.S. Steel plants, offshoring jobs or moving the headquarters from Pittsburgh, among other major business decisions.

Nippon Steel Wednesday finalized its $14.9 billion acquisition of U.S. Steel, completing a blockbuster trade that promises improvements to the company’s Alabama operations. The deal includes ...