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1. • • Pending regulatory and shareholder approval, US Steel is set to be acquired by Nippon Steel, Japan's largest steel producing company, for US$14.1 billion. The deal, announced in mid-December 2023, retains US Steel's name and headquarters in Pittsburgh.
     Reference:

     U.S. Steel - Wikipedia

2. People also ask

   What happened to US Steel?

   • A man arrives at a US Steel plant in Clairton, Pennsylvania, in 2018. In recent years, US Steel has fallen far below other American steel companies in steel output and stock market value. President Donald Trump speaks to steelworkers in Granite City, Illinois, in 2018.

   US Steel’s shareholders just voted to end more than a century of

   www.cnn.com/2024/04/12/business/us-steel-nippon-steel-deal/index.html

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   Could US Steel buyout reshape global steelmaking?

   • Here’s what’s happened so far, and how the acquisition of U.S. Steel could reshape steelmaking globally. After rejecting a $7.3 billion buyout proposal from rival Cleveland-Cliffs on Sunday, U.S. Steel said it was considering its next move. On Monday, industrial conglomerate Esmark offered $7.8 billion for the Pittsburgh steelmaker.

   American industrial icon US Steel is on the verge of being absorbed as

   english.elpais.com/economy-and-business/2023-08-15/american-industrial-icon-us-steel-is-on-the-verge-of-being-absorbed-as-industry-consolidates-further.html

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   Is US Steel considering a $7.3 billion buyout?

   • After rejecting a $7.3 billion buyout proposal from rival Cleveland-Cliffs on Sunday, U.S. Steel said it was considering its next move. On Monday, industrial conglomerate Esmark offered $7.8 billion for the Pittsburgh steelmaker.

   US Steel is on the verge of being absorbed. Here's what to know

   www.chicagotribune.com/2023/08/16/american-industrial-icon-us-steel-is-on-the-verge-of-being-absorbed-as-industry-consolidates-further/

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   Why did US Steel sell to Nippon Steel?

   • U.S. Steel has faced challenges for decades as the industry faced intensifying competition. Lawrence Bryant/Reuters U.S. Steel agreed on Monday to sell itself to Nippon Steel for $14.1 billion, capping months of speculation about the fate of the American industrial heavyweight.

   U.S. Steel to Be Bought by Japanese Rival After Takeover Drama

   www.nytimes.com/2023/12/18/business/us-steel-nippon-steel-deal.html

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3. www.cnn.com › 2024/04/12 › businessUS Steel’s shareholders just voted to end more than a century ...

   www.cnn.com › 2024/04/12 › business

   • Cached

   Apr 12, 2024 · US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has...

   • US Steel: Harris backs US ownership of company, in blow to ...

     Vice President Kamala Harris said Monday that US Steel...

4. en.wikipedia.org › wiki › UU.S. Steel - Wikipedia

   en.wikipedia.org › wiki › U

   • Cached

   Pending regulatory and shareholder approval, US Steel is set to be acquired by Nippon Steel, Japan's largest steel producing company, for US$14.1 billion. The deal, announced in mid-December 2023, retains US Steel's name and headquarters in Pittsburgh.

5. Top stories

   • 

     The Financial Times

     US delays decision on Nippon Steel’s $15bn takeover of US Steel

     2 weeks ago

   • 

     The Associated Press on MSN.com

     Steelworkers Lose Arbitration Case Against US Steel in Their Bid to Derail Sale to Nippon

     4 days ago

   • ThePrint

     Indian steelmaker group warns of rising Chinese imports after US tariffs

     India's leading steelmakers' group warned on Friday of a further increase in imports from China following a U.S. decision to impose 25% tariffs on Chinese steel

     3 days ago

   • devdiscourse

     Lord Swraj Paul's Caparo Group Expands with New US Steel Plant

     Lord Swraj Paul's Caparo Group is expanding its US operations with a new steel pipes and structures plant in Gerald, Missouri. Slated to begin production in early 2026, the USD 25 million facility will strengthen Caparo's footprint in the sector.

     19 hours ago

   • The Spokesman-Review

     Here’s why the auto industry supports a US Steel sale to Japan’s Nippon Steel

     2 weeks ago

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6. www.chicagotribune.com › 2023/08/16 › americanUS Steel is on the verge of being absorbed. Here's what to know.

   www.chicagotribune.com › 2023/08/16 › american

   • Cached

   Aug 16, 2023 · Bidding war. After rejecting a $7.3 billion buyout proposal from rival Cleveland-Cliffs on Sunday, U.S. Steel said it was considering its next move. On Monday, industrial conglomerate Esmark...

7. www.cnn.com › 2024/09/02 › politicsUS Steel: Harris backs US ownership of company, in blow to ...

   www.cnn.com › 2024/09/02 › politics

   • Cached

   Sep 3, 2024 · Vice President Kamala Harris said Monday that US Steel should remain domestically owned, saying during a campaign stop in Pittsburgh on Labor Day that it is “vital for our nation to maintain ...

8. www.nytimes.com › 2023/12/18 › businessU.S. Steel to Be Bought by Japanese Rival After Takeover ...

   www.nytimes.com › 2023/12/18 › business

   Dec 18, 2023 · U.S. Steel agreed on Monday to sell itself to Nippon Steel for $14.1 billion, capping months of speculation about the fate of the American industrial heavyweight.

9. english.elpais.com › economy-and-business › 2023-08American industrial icon US Steel is on the verge of being ...

   english.elpais.com › economy-and-business › 2023-08

   • Cached

   Aug 15, 2023 · Here’s what’s happened so far, and how the acquisition of U.S. Steel could reshape steelmaking globally. Bidding war. After rejecting a $7.3 billion buyout proposal from rival...

10. edition.cnn.com › 2023/12/18 › investingUS Steel agrees to sell itself to Japan’s Nippon Steel | CNN ...

    edition.cnn.com › 2023/12/18 › investing

    • Cached

    Dec 19, 2023 · U.S. Steel. New York CNN — US Steel has agreed to be bought by Nippon Steel, Japan’s largest steelmaker, in a $14.1 billion deal. The deal marks the latest step in a gradual decline for the...