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Nippon Steel

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Commerce Department Wants to Raise Tariffs on Nippon Steel

19 November 2024 - Just as Nippon Steel Corp. promised unionized United States Steel Corporation workers that it wouldn’t export slabs at the company’s expense, the U.S. Commerce Department proposed to push up tariffs on Nippon imports. 

Nippon Steel Promises No Exports at U. S. Steel’s Expense

18 November 2024 - Nippon Steel Corp. is promising the United Steelworkers union that it won’t direct shipments from its Japanese mills to U.S. customers as part of its planned acquisition of United States Steel Corporation.

Report: Nippon Steel to Visit With U. S. Steel Union Members

14 November 2024 - A Nippon Steel Corp. executive will be traveling to Pittsburgh, Pa., USA, to meet with members of union locals serving U. S. Steel's Mon Valley Works, reports the Bloomberg news service.

With Election Settled, Nippon Steel Hopes to Close U. S. Steel Deal

07 November 2024 - Despite president-elect Donald Trump’s promises to block the United States Steel Corporation acquisition, Nippon Steel Corp. executives are hoping they can close the deal before the end of the year.

Nippon Steel to Divest Stake in Alabama Rolling Mill 

15 October 2024 - Nippon Steel Corp. will sell its 50% stake in AM/NS Calvert to partner ArcelorMittal, if Nippon Steel finalizes its acquisition of United States Steel Corporation, the company announced.

U. S. Steel: Nippon Steel Merger Will Bring Significant Economic Gains to Pennsylvania

02 October 2024 - United States Steel Corporation estimates that a promised investment in its Mon Valley Works would translate into nearly US$1 billion in incremental economic impact to Pennsylvania over the next two years. 

Arbitration Panel Rules For U. S. Steel in Merger Dispute 

25 September 2024 - Arbitrators have sided with United States Steel Corporation in a union dispute over the execution of its planned merger with Nippon Steel Corp. 

Nippon Steel to Sell Stake in POSCO 

24 September 2024 - Nippon Steel Corp. will divest its US$823 million stake in South Korea’s POSCO Holdings Inc., a move that it says will “improve asset efficiency through asset compression.”