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.”

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.

President Donald Trump announced his support for a "partnership" between the two steel giants a week ago, but details remain elusive on how it would operate.

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 ...

U.S. Steel first announced plans for the acquisition in December 2023 after another purchase offer from rival Cleveland-Cliffs was rejected.

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.

President Trump endorsed a plan that would link the U.S. and Japanese steel makers that had been blocked on national security grounds.

By Alexandra Alper and Jarrett Renshaw WASHINGTON (Reuters) -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.