Nippon Steel Corp. had high hopes for the $14.1 billion takeover of United States Steel Corp. But with the deal now likely to unravel, the biggest Japanese steelmaker will be forced to consider ...

Nippon Steel offered $14.9 billion for U.S. Steel in December 2023, seeking to capitalize on an expected ramp-up in steel purchases, thanks to a bipartisan infrastructure law.

Nippon Steel is pushing back on concerns raised by the Biden administration that its pending acquisition of U.S. Steel for $14.9 billion would undermine U.S. national security.

U.S. Steel rose $2.66, or 5%, to $54.85 in afterhours trading Friday. Nippon Steel's original bid to buy the Pittsburgh-based U.S. Steel in late 2023 had been valued at $55 per share.

What do his supporters say about Nippon Steel - which is, after all, a Japanese company potentially - taking over what was a company that was once such a cornerstone of U.S. manufacturing.

U.S. Steel's Edgar Thompson Works in Braddock, Pa., seen on June 19, 2019. President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion ...

United States Steel agreed to be acquired by Nippon Steel 5401 -1.97% in a $14.1 billion deal that would give the Japanese corporation a major role in U.S. steelmaking and end the independence of ...

Nippon Steel 5401 -0.39% Chief Operating Officer Tadashi Imai said Tuesday that the company will discuss its planned acquisition of U.S. Steel with U.S. government officials, after former ...

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley, and had said it is best positioned to help ...

Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker ...

Nippon Steel Corp , the world's No.5 steelmaker, expects its seamless pipe business will return to a profit this year from a loss last year as gas drilling activity is on the rise to meet higher ...