Nippon Steel won conditional U.S. approval for its $14.1 billion purchase of U.S. Steel, capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.

Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.

A deal between Nippon and U.S. Steel was first proposed in late 2023. Then-President Joe Biden rejected the deal on national security grounds near the end of his time in office, but President ...

After more than a year of off-again, on-again negotiation talks, Nippon Steel’s $15 billion acquisition of American staple U.S. Steel has officially been completed, according to releases from ...

Nippon Steel and U.S. Steel 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 after the Japanese company ...

President Donald Trump’s Friday executive order inches Nippon Steel one step closer to a planned investment in U.S. Steel, with the caveat that the Japanese company must follow a “national se… ...

NPR speaks with Todd Tucker, director of industrial policy and trade at the Roosevelt Institute, about the Trump administration's role in the U.S. Steel-Nippon Steel partnership.