Nippon Steel plans to raise up to $5.6 billion in subordinated loans, as part of efforts to strengthen its balance sheet following its $14 billion acquisition of U.S. Steel.

Nippon Steel named Burritt, Takahiro Mori, Naoki Sato and Hiroshi Ono as the new board members who will oversee the ...

When he celebrated the $14 billion in investment in United States Steel Corp. by Nippon Steel Corp., President Donald J. Trump said he’ll be watching the success of the steelmaker. Also on alert will ...

Nippon Steel has completed the $14.9bn (Y2.17trn) acquisition of US Steel to create a world-leading steelmaker with advanced technologies and manufacturing capabilities. The finalised transaction is ...

Nippon Steel expects to book a loss of about $1.58 billion related to the sale of its stake in an Alabama-based joint venture to partner ArcelorMittal. The Japanese steelmaker said Thursday that it ...

HARRISBURG, Pa. — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a year-and-a-half ...

From the start, Ancora said it wanted to help engineer a turnaround for U.S. Steel, currently valued at roughly $10 billion, and came in only after news that the planned deal with Nippon was dead.

Ancora, which owns roughly 1% of U.S. Steel, in January mounted a proxy fight to oust the steelmaker's chief executive officer after former President Joe Biden's administration blocked a planned sale ...