Trump Says Nippon Is Looking at US Steel

U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?
The steel industry is back in the news again, courtesy of President Trump. The president is leaving his mark on the negotiations between Japanese company Nippon Steel (OTCMKTS: NPSCY) and United States Steel (NYSE: X).
US Steel bid matches Trump goals, Nippon Steel says, no certainty deal will close
Nippon Steel , Japan's biggest steelmaker, said on Thursday its proposed acquisition of U.S. Steel fits with President Donald Trump's goal of a stronger United States as the leaders of the two allies prepared to meet.
Trump says US Steel will get investment from Nippon Steel, instead of being bought by it
President Donald Trump is suggesting that Nippon Steel will no longer buy U.S. Steel as planned, but the Japanese company will instead invest in the symbolically important American business.
Can the US Steel-Nippon Steel merger come back to life?
If you thought Nippon Steel's bid to acquire U.S. Steel was dead in the water, think again. The merger was blocked by President Joe Biden last year, but President Donald Trump is in the White House now — and he may be a bit more flexible about the deal.
President Trump says Japanese company will 'invest heavily' in U.S. Steel, not own it
President Trump said Japanese-based Nippon Steel will look to invest in U.S. Steel, rather than outright owning the iconic American company.
Nippon Steel Has Not Axed Its Bid for U.S. Steel, Sources Say
Nippon steel has not withdrawn its $14.9 billion bid to buy U.S. Steel, two people close to the deal said on Friday, after President Donald Trump said earlier the Japanese steelmaker would "invest" in US Steel but not buy it.
Trump strikes deals with Japanese prime minister as he turns the screw on China
Prime Minister Shigeru Ishiba and Trump announced Japan would double its defense spending by 2027 and Nippon Steel would ...
Trump, Man of Steel (and Aluminum)
The new 25 percent tariffs on steel and aluminum, directed mainly at China, are partially worthwhile, but were undercut by allowing Nippon Steel to buy into U.S. Steel.
GT Voice: Protectionism will invalidate efforts to boost US steel sector
The latest developments surrounding Nippon Steel's investment in US Steel have again brought the competitiveness of the US ...
Donald Trump's new tariffs spark alarm for Indian steelmakers over China's dominance: Report
The report further said that while Canada is still the biggest supplier of steel to the US, China has grown its presence over ...
Trump’s tariffs fuel fears of Chinese import surge, threatening Indian steelmakers
US steel tariff impacts global markets, driving down prices, increasing dumping, and forcing Chinese steel producers to seek ...
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China’s Baosteel to buy out Nippon Steel’s 50% stake in auto steel venture
BANGKOK--China’s Baosteel said Tuesday that it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242 million. The contract for the joint venture, Baosteel ...
US consumers sue to stop Nippon Steel's $14.9 bln U.S. Steel takeover
A group of U.S. consumers have sued Nippon Steel to block its proposed $14.9 billion purchase of U.S. Steel , saying the deal ...
Trump Should Correct Biden’s Mistake And Approve U.S. Steel Merger
Allowing the merger to proceed would help both companies, bolster our relationship with an important ally, and strengthen the ...