News

Nippon Steel's purchase of U.S. Steel closes, with big role for Trump
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
Nippon Steel Completes Its Acquisition of U.S. Steel
The deal gives the White House extraordinary control over U.S. Steel as part of a pact to alleviate national security ...
Nippon Steel Completes Purchase of U.S. Steel After Reaching Security Deal With Trump Administration
The agreement calls for Nippon Steel to invest roughly $11 billion across U.S. Steel’s domestic operations over the next ...
Nippon Steel CEO sees no risk to management plans from US golden share
The U.S. government's ownership of a golden share in U.S. Steel will not block Nippon Steel from taking any management action ...
Mon Valley mayors applaud U.S. Steel-Nippon Steel deal
The companies say Nippon will make about $11 billion in new investments in U.S. Steel by 2028, including an initial ...
Nippon Steel’s $15B purchase of US Steel closes — with big role for Trump
The measures agreed to represent an unusual level of control conceded by the companies to the government to save the deal, ...
Brown: Did President Donald Trump just nationalize U.S. Steel?
"What will the merger really mean for U.S. Steel’s 22,000 American workers, including 2,000 here in Minnesota?" columnist Aaron Brown asks.
Biden’s power grab hands Trump a steel company
Joe Biden expanded the president's power to block foreign mergers with U.S. companies. Donald Trump used that opening to give himself unprecedented control.