News

President Trump initially opposed the proposed acquisition of U.S. Steel by Nippon Steel, as President Biden did before him. Calling it a partnership gives him a way to finesse his change in ...
By Kosaku Narioka 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.
The Nippon Steel-U.S. Steel deal is done. Finally. Really. What was proposed as a sale in December 2023 and talked about frequently as a “deal,” “merger,” “partnership” or “proposal ...
Nippon’s leadership has already earmarked at least $1 billion for Gary Works, including a rebuild of the aging […] The post $15B Nippon Steel Deal Is Completed, Bringing Hope and Uncertainty ...
Nippon Steel will also obtain a new subordinated term loans totaling 300 billion yen to refinance a previous loan.
With U.S. Steel’s $14.9 billion sale to Nippon Steel made official last week, environmental advocates say it’s time for corporate leadership to take make real strides toward limiting ...
Following the acquisition, Nippon Steel's debt-to-equity ratio rose to about 0.8 from 0.35 as of March 31 due to the bridge loans and a loss on the sale of its stake in a U.S. joint venture with ...
When he celebrated the $14 billion in investment in United States Steel Corp. by Nippon Steel Corp., President Donald J. Trump said he’ll be watching the success of the steelmaker. Also on alert ...
It remains to be seen if the precedent set by Nippon Steel, allowing it to be handcuffed by the U.S. federal government, will bode badly for companies attempting future deals, ...
Nippon Steel tried for 18 months to buy U.S. Steel for $14.9 billion before the president announced he would approve a "planned partnership". The USW is still seeking answers for what exactly that ...
Nippon Steel plans to raise up to $5.6 billion in subordinated loans, as part of efforts to strengthen its balance sheet following its acquisition of U.S. Steel.
The vice chairman of Nippon Steel is reaffirming the company's multi-billion-dollar commitment to Pittsburgh and the Mon Valley.