Sunday, 19 January 2025

Focus on Nippon Steel Corporation

FILE PHOTO: An aerial view shows Nippon Steel East Nippon Works Kimitsu Area in Kimitsu, east of Tokyo, Japan in this photo taken by Kyodo November 7, 2023.  Mandatory credit Kyodo/via REUTERS/File Photo
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Biden preparing to block Nippon’s US Steel takeover: report

U.S. President Joe Biden is preparing to block Nippon Steel's acquisition of U.S. Steel, the Washington Post reported on Wednesday, citing three unnamed...

The US Steel Mon Valley Works Edgar Thomson Plant along the Monongahela River in Braddock, Pennsylvania (AFP)
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US Steel warns plants could close without Nippon sale

U.S. Steel warns of potential Pennsylvania closures if Nippon Steel takeover is blocked; both parties oppose the sale.

FILE PHOTO: The logos of Nippon Steel Corp. are displayed at the company headquarters in Tokyo, Japan March 18, 2019. Picture taken March 18, 2019.  REUTERS/Yuka Obayashi/File Photo
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Nippon Steel, peers urge Tokyo to curb steel imports from China, executive says

Nippon Steel urges Japan to curb Chinese steel imports, as it seeks to close its U.S. Steel acquisition amid rising competition.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump gestures as he holds a campaign rally in Wilkes-Barre, Pennsylvania, U.S. August 17, 2024. REUTERS/Jeenah Moon/File Photo
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Trump pledges to end pollution rule, block steel merger

Trump will reiterate he would block Nippon Steel's planned purchase of U.S. Steel and move to rescind Biden's power plant pollution rules.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
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Nippon Steel to dissolve JV with China’s Baoshan after 20 years

The Nikkei business daily, which first reported the news, said Nippon had decided to shift its attention to the U.S. and India.

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