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The Latest Breaking News from Nippon Steel

Nippon Steel Secures Massive Loan for U.S. Steel Acquisition

Nippon Steel's plan to acquire U.S. Steel is boosted by a potential billion loan from Japan's three major banks, supporting the strategic move.

Top News

Over 300,000 Ohioans Are Employed by Foreign Companies. Why Isn't J.D. Vance Outraged?

Companies based outside the United States employ 7.9 million Americans. Foreign investment isn't something to be feared or blocked, but welcomed.

Reason

South Korea's top court orders a 3rd Japanese company to compensate workers for forced labor

South Korea’s top court has ordered a third Japanese company to compensate some of its former wartime Korean employees for forced labor

The Independent UK

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White House Urges 'Serious Scrutiny' Of US Steel Takeover Deal

A proposed deal that would see US Steel Corp bought by Japan's Nippon Steel should be closely investigated by American authorities, the White House said Thursday, warning it could have national security implications.

International Business Times

US Steel, Nippon Steel Seek US Security Review Of Takeover Deal

US Steel Corp and its potential buyer Nippon Steel of Japan are requesting a federal review of their proposed deal following congressional criticism that the transaction threatens US national security, US Steel said Thursday.

International Business Times

Steel Merger Delayed: US Politics Raise Concerns for Nippon Steel

United States politics throw a wrench in Nippon Steel's plan to acquire U.S. Steel, leaving investors anxiously awaiting the outcome. Read more here!

Top News

Nippon Steel's Harvard-educated president explains his $14 billion deal for U.S. Steel: It's all about China and defending the 'free-competition world'

But U.S. lawmakers aren't quite so convinced that the Japanese company's drive to enter the U.S. steel industry is good for American security.

Fortune

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What J.D. Vance Could Learn From Reading Hillbilly Elegy

The senator used to know why the U.S. Steel/Nippon deal is nothing to fear.

Reason

Senator John Fetterman vows to block ‘outrageous’ $14.9bn US Steel sale

Former mayor of Pennsylvania town of Braddock has long advocated for rights of US steel workers

The Guardian - US

Nippon Steel's .9B US Steel Acquisition Sinks Shares 5%

In a plot twist as sharp as Samurai steel, Nippon Steel's shares took a 5% plunge following a stratospheric .9 billion acquisition of US Steel.

Top News

Stocks Grind Higher on M&A Deals and Improved Soft-Landing Prospects

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed unchanged, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.64%. Stocks on Monday posted moderate gains, with the S&P 500...

Barchart

John Fetterman calls Japanese acquisition of US Steel ‘absolutely outrageous’

Mr Fetterman said he planned to work with other Pennsylvanian lawmakers to fight the deal

The Independent UK

Stock Market Today: Mega-Cap Stocks Help Nasdaq Outperform

A down day for Apple put pressure on the Dow but the 30-stock index still nabbed a new record close.

Kiplinger

Union Slams Nippon Steel's $14.1 Bn Deal For US Steel

A major US union representing steelworkers slammed the deal by Japan's Nippon Steel to buy US Steel Corp for $14.1 billion, which was confirmed on Monday just months after US Steel rejected an offer from its main domestic rival.

International Business Times

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Barchart

Stocks Gain on M&A Deals and Economic Optimism

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. Stocks this morning are mildly higher, with the S&P...

Top News

Nippon Steel Acquires U.S. Steel for .1 Billion

Nippon Steel's .1 billion acquisition of U.S. Steel reflects the soaring consolidation in the steel industry amid rising prices.

Barchart

Markets Today: Stocks See Support from M&A Activity

Morning Markets March E-Mini S&P 500 futures (ES H24) are up +0.26%, and March Nasdaq 100 E-Mini futures (NQH2 4) are up +0.15%. Stock index futures this morning are moderately higher on the increase in M&A activity after Nippon Steel agreed to acquire United States Steel for about $14.1 billion,...

The Independent UK

Storied US Steel to be acquired for more than $14 billion by Nippon Steel

U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion

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news in one place.

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The Independent UK

Nippon Steel drops patent lawsuit against Toyota in name of partnership

Nippon Steel has dropped its lawsuit against Toyota over a patent for a technology used in electric motors, saying wrangling among Japanese companies was not beneficial to keep the nation competitive

StockNews.com

Top 3 Steel Stocks Investors Are Chasing

The steel industry shows strong prospects, with core catalysts stemming the end-market revival. Let’s discover the compelling reasons driving investor interest in the evolving landscape of steel stocks Nippon Steel Corp. (NPSCY), Ternium S.A. (TX), and Voestalpine AG (VLPNY). Learn more….

Bangkok Post

G Steel, Nippon pact to reduce imports

A partnership between Thai manufacturer G Steel Group and Nippon Steel Corporation is expected to enable Thailand to be less dependent on imports, says Witoon Simachokedee, former permanent secretary of the Industry Ministry.

The Japan News/Yomiuri

Keidanren, S. Korean counterpart to create 'future partnership' funds

With Japan-South Korea ties seemingly improving by the minute, Keidanren (Japan Business Federation) and the Federation of Korean Industries announced Thursday in Tokyo that they will establish a "future partnership fund" in their respective countries.

The Independent UK

Japan, S. Korea summit must overcome history to renew ties

South Korean and Japanese leaders will meet in Tokyo this week, hoping to resume regular visits after a gap of over a decade and overcome resentments that date back more than 100 years

The Independent UK

South Korea plans fund to compensate forced labor victims

South Korean officials are considering creating a domestic fund to compensate Koreans who were enslaved by Japanese companies before the end of World War II, as they desperately try to repair relations with Tokyo that have deteriorated in recent years over historical grievances

The Japan News/Yomiuri

Nippon Steel reports 59 cyanide leaks over 5 yrs

Nippon Steel Corp. detected cyanide in waterways near its East Nippon Works in Kimitsu, Chiba Prefecture, 59 times over five years, according to a report the steelmaking giant submitted to local governments in the prefecture.

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