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The Latest Breaking News from Nippon Steel

US Steel Takeover by Nippon Back in Spotlight as Trump Demands Review

Trump orders a new review of Nippon Steel's $14.9 billion acquisition of U.S. Steel after Biden blocked the deal over national security concerns.

International Business Times

President Trump orders review into Nippon Steel’s bid for US Steel

The two companies sued the US government in January after then president Joe Biden halted the Japanese purchase in the name of national security.

Euronews

Nippon Steel Shares Soar As Trump Reviews US Steel Takeover

Nippon Steel shares soared Tuesday after US President Donald Trump launched a review of the company's proposed takeover of US Steel that was blocked by his predecessor Joe Biden.

International Business Times

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U.S. Steel and Nippon Merger: Should Investors Bet on It?

US Steel still believes its merger with Nippon Steel of Japan can happen and investors are leaning that way based on the 60% rally off lows.

MarketBeat

U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?

President Trump's comments surrounding United States Steel have put the company back in the news. However, is there currently significant upside in this stock?

MarketBeat

The Latest: The Pentagon will deploy roughly 1,500 more troops to the southern border

The Pentagon will deploy roughly 1,500 more active duty soldiers to the southern border to support President Trump’s expanding crackdown on immigration, a U.S. official said Friday

The Independent UK

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

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.

International Business Times

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.

Reason

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.

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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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Latin Times

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.

The Independent UK

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

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.

Top News

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.

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