Nippon Steel also agreed to keep U.S. Steel's headquarters in Pittsburgh, maintain a U.S.-majority board, and invest $11 billion by 2028including $1 billion in a new greenfield project post-2028.

Japan-based Nippon Steel on Wednesday completed its buyout of U.S. Steel, changing its name to Nippon Steel North America, as the former U.S. industrial giant ended trading on Wall Street under ...

Nippon Steel has finalized its deal to buy 100% of US Steel, the iconic steelmaker that was once the world’s most valuable company and a cornerstone of American industrial might.

Chennai: The steel ministry has expanded the quality standards specified for steel and steel products under QCO to inputs and raw materials used for the production of these products as well. The ...

Finance Materials Materials 2Q 2025 Cost Report: As Steel, Aluminum Tariffs Rise to 50%, Feds OK US Steel Sale to Nippon Steel Japan-based buyer’s nearly $15-billion investment could be felt ...

Nippon's takeover of US Steel includes an agreement that gives the US government veto power over corporate decisions, which could serve to protect US economic interests. The finalized deal ends 18 ...

The new rule mandates Indian Standards compliance and Steel Import Monitoring System registration for raw materials, significantly increasing compliance costs.

Recycling Steel Production: Tata Steel aims to produce 10-15 million tonnes of steel through recycling in the next 10-15 years, focusing on low carbon emitting technologies and transitioning to ...

U.S. Steel’s so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.

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 ...

TOKYO -- With the $14.1 billion acquisition of U.S. Steel set to take place on Wednesday, Nippon Steel finally attained the last piece of the puzzle in its global expansion strategy.

(Bloomberg) -- Nippon Steel Corp. won conditional US approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s ...