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Analysts: Nippon Steel Investment Pledge Could Skew Market
The $14 billion that Nippon Steel Corp. executives have pledged to pump into the operations of U.S. Steel Corp. could weaken the U.S. steel market, two analysts noted this week—with one of them saying steel fundamentals are “in free fall.”
Exclusive: Nippon Steel to invest $4 billion for new US Steel mill in $14 bln package, document says
Nippon Steel plans to invest $14 billion in U.S. Steel's operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company, according to a document and three people familiar with the matter.
Nippon Steel raises investment pledge for US Steel to win US approval
Nippon Steel plans to invest US$14 billion in US Steel’s operations, including up to US$4 billion in a new steel mill, if the Trump administration approves its bid for the iconic US company, according to a document and two people familiar with the matter.
U.S. Steel first announced plans for the acquisition in December 2023 after another purchase offer from rival ...
Your guide to what Trump’s second term means for Washington, business and the world Japan’s Nippon Steel has quadrupled its investment pledge in US Steel over the next few years in a major ...
President Donald Trump announced a partnership between U.S. Steel and Japanese steelmaker Nippon that he says will keep the ...
WASHINGTON (Reuters) - U.S. President Donald Trump on Friday announced that U.S. Steel and Japan's Nippon Steel had agreed to ...
President Trump endorsed a plan that would link the U.S. and Japanese steel makers that had been blocked on national security ...
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