U. S. Steel

Latest News

Report: Justice Department to Further Scrutinize Nippon Steel-U. S. Steel Deal

11 April 2024 - The U.S. Justice Department has initiated an in-depth antitrust investigation of Nippon Steel’s planned acquisition of United States Steel Corporation, according to a report in Politico.

Japan Prime Minister Hopes for Positive Outcome to U. S. Steel Acquisition

10 April 2024 - Japan Prime Minister Fumio Kishida expressed hope Wednesday that the Nippon Steel acquisition of United States Steel Corporation will come to pass.

U. S. Steel Signs Agreement for Carbon Sequestration Plant

03 April 2024 - United States Steel Corporation has signed an agreement with carbon capture specialist CarbonFree to build a sequestration plant at Gary Works.

Nippon Steel: We Would Make Pittsburgh Our U.S. HQ

21 March 2024 - Nippon Steel is promising to move its U.S. headquarters from Texas to Pittsburgh, Pa., should its planned acquisition of United States Steel Corporation come to pass, the Reuters news service reports.

‘Our Transaction Delivers Clear Benefits to U. S. Steel,’ Says Nippon Steel

18 March 2024 - Nippon Steel Corp. is reiterating what it says are the benefits of its planned acquisition of United States Steel Corporation, arguing that the deal would bolster U.S. supply chains.

Biden Weighs in on U. S. Steel Acquisition

14 March 2024 - U.S. President Joe Biden is opposed to Nippon Steel Corp.’s planned acquisition of United States Steel Corporation, saying Thursday that it is important that the U.S. maintain “strong American steel companies powered by American steel workers,” according to the Associated Press.

USW Reports on Meeting With Nippon Steel

12 March 2024 - Nippon Steel Corp. and the United Steelworkers (USW) union met late last week to discuss the company’s acquisition of United States Steel Corporation, but the union said it remains unassured.

U. S. Steel Invests in Warehousing Robotics Manufacturer

11 March 2024 - United States Steel Corporation is making a strategic investment in Pittsburgh-based Freespace Robotics, a manufacturer of robotic storage and retrieval systems used in warehouses.

Report: Nippon Steel, USW to Begin Dialogue Over Merger

07 March 2024 - Nippon Steel executive vice president Takahiro Mori is to meet with United Steelworkers leadership to discuss his company’s proposed acquisition of United States Steel Corporation, reports the Reuters news service.

Goncalves: Cleveland-Cliffs Won’t Backstop U. S. Steel Sale

05 February 2024 - Cleveland-Cliffs Inc.’s bid for United States Steel Corporation is off the table and won’t be put back on should Nippon Steel Corp.’s plan to acquire the iconic manufacturer fall through, reports the Bloomberg news service.

Japanese Banks Back Nippon Steel Acquisition of U. S. Steel

30 January 2024 - Nippon Steel Corp. has lined up US$16 billion in loans for its planned acquisition of United States Steel Corporation, the Reuters news service reports.

U. S. Steel to Close Clairton Coke Oven Battery

29 January 2024 - United States Steel Corporation will permanently idle the No. 15 coke oven battery at its Clairton, Pa., USA, coke plant and invest US$19.5 million in upgrades to coke oven gas cleaning facilities as part of a proposed settlement over emissions incidents at the plant.

Nippon Steel: We’re the Right Investor for U. S. Steel

23 January 2024 - Nippon Steel Corp.’s leading executives on Tuesday reiterated promises that the company would honor United States Steel Corporation’s collective bargaining agreements and would share technology that would improve the iconic steelmaker’s competitiveness.

NSC-USS Sale Doesn’t Impact National Security, Says Former Treasury Secretary

19 January 2024 - Former Treasury Secretary Lawrence Summers said national security is a non-issue when it comes to the Nippon Steel Corp. acquisition of United States Steel Corporation, reports the Bloomberg news service.

USW Files Grievances over U. S. Steel Sale

15 January 2024 - The United Steelworkers union is challenging United States Steel Corporation’s proposed sale to Nippon Steel Corp., arguing that U. S. Steel violated terms of the basic labor agreement with the union, reports the Pittsburgh Post-Gazette.

Report: U. S. Steel – Nippon Steel Deal Faces Scrutiny

11 January 2024 - Attorneys for United States Steel Corporation and Nippon Steel Corporation have been exchanging phone calls and emails as the Biden Administration prepares to review the planned acquisition of the American steelmaker, The Wall Street Journal reported Thursday.