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The Latest Breaking News from Nippon Steel

Nippon Steel Considers Investment In US Steel, Not Purchase

President Trump discusses Nippon Steel's potential investment in US Steel and Biden's rejection of Nippon's acquisition bid.

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Japanese Prime Minister Ishiba Meets With US President Trump

Japanese Prime Minister Ishiba meets with President Trump to discuss defense, economy, and a blocked merger between US Steel and Nippon Steel.

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President Trump To Meet With U.S. Steel And Fedex Executives

President Trump to meet U.S. Steel and FedEx executives to address blocked acquisition and related issues.

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Japan PM To Meet Trump On Feb 6-8 US Trip

Japan's Prime Minister Shigeru Ishiba will meet President Donald Trump on a visit to the United States this week, top government spokesman Yoshimasa Hayashi said on Tuesday.

International Business Times

Asset manager seeks to quash US Steel-Nippon deal after taking stake in US steelmaker

An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company

The Independent UK

Bidding War Alert: Is U.S. Steel Stock a Buy, Sell, or Hold as Buyers Emerge?

U.S. Steel stock surged 6% as Cleveland-Cliffs and Nucor consider a joint takeover bid

Barchart

Cleveland-Cliffs CEO blasts ‘evil’ Japan, home of rival Nippon Steel: ‘You did not learn anything since 1945’

There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.

Fortune

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Biden Administration Extends Deadline For Nippon Steel Acquisition

Biden Administration extends deadline for Nippon Steel's bid to acquire U.S. Steel, facing national security concerns and industry implications.

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Japan PM Urges Biden To Address Concerns Over Nippon Steel Deal

Japan PM Ishiba raises concerns to US President Biden over Nippon Steel's blocked acquisition of US Steel, emphasizing collaboration for economic security.

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Japan PM Tells Biden 'Strong' Concerns Over Steel Deal

Japanese Prime Minister Shigeru Ishiba told US President Joe Biden that his blocking of Nippon Steel's takeover of US Steel raised "strong" concerns in both countries, local media reported Monday.

International Business Times

With U.S. Steel Decision, Biden Turned His Back on Opposing Monopolies

Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that will harm consumers and the economy.

Reason

US Rejects Nippon Steel Bid, Straining US-Japan Relations

President Biden's decision to block Nippon Steel's acquisition of U.S. Steel raises tensions between the U.S. and Japan, impacting trade relations and nati...

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Blinken Says US-Japan Ties Solid Despite Rift Over Steel Deal

Business groups say the move could have a chilling effect on Japan's standing as the biggest foreign investor in the United States, just as Washington seeks closer relations to counter China.

Latin Times

US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia

President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade and investment has irked Washington's closest ally in Asia

The Independent UK

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International Business Times

Blinken Says US-Japan Ties Rock Solid Despite Rift Over Steel Deal

Business groups say the decision could have a chilling effect on Japan's standing as the biggest foreign investor in the United States, just as Washington seeks closer ties with Tokyo to counter China.

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Asian Shares Rise On Tech Optimism, U.S. Steel Lawsuit

Asian shares rise on tech stock performance, while markets await policy changes and economic data releases. Nippon Steel faces setback in U.S. acquisition....

International Business Times

Blinken In Japan After Rift On Steel Deal

US Secretary of State Antony Blinken was in Japan on Tuesday for talks expected to address North Korean missile launches, but President Joe Biden's blocking of a steel deal is straining the allies' warm ties.

The Independent UK

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion acquisition of U.S. Steel

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President Biden Blocks Billion US Steel Takeover

President Biden's decision to block the US Steel acquisition by Nippon Steel due to national security concerns receives mixed reactions.

MarketBeat

Steel Stocks: 1 Steel Stock to Buy and 1 to Sell on Trump Tariffs

President Biden blocked the Nippon Steel acquisition of US Steel due to national security issues, but US Steel needs the cash inflow from Nippon to survive.

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Nippon Steel And U.S. Steel Lawsuit Challenges Biden Decision

Nippon Steel and U.S. Steel challenge Biden's block of B acquisition, citing national security benefits and allegations of political influence.

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US Steel And Nippon Sue US Government Over Merger Block

US Steel and Nippon challenge US government's merger block in a legal battle with significant implications for corporate mergers.

The Independent UK

Nippon, US Steel file suit after Biden administration blocks $15 billion deal

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel

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Global Stocks Mixed After Wall Street Holiday Rally

Global stock markets show mixed performance with gains in Europe and the U.S., but declines in Asia. Concerns over trade policies and national security imp...

International Business Times

Japan PM Says Blocked US Steel Deal Could Hit Investments

Japan's prime minister on Monday urged Washington to dispel concerns that a decision by Joe Biden to block Nippon Steel's takeover of US Steel could impact future investments.

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