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

US stocks fell as Trump targets Apple and EU with tariffs. Dow Jones dropped 181 points, S&P 500 and Nasdaq also fell. Apple shares declined over 2%.

One of Ohio’s most critical industries stands at a crossroads. Nippon Steel’s proposed investment in U.S. Steel offers a rare opportunity to modernize and grow a sector that desperately needs revitalization.

U.S. Steel shareholders voted to retain board members the activist investor Ancora had been seeking to oust. A majority of stockholders voted to retain Tracy Atkinson, Andrea Ayers, David Burritt, Alicia Davis,

source says Nippon Steel Vice Chairman Takahiro Mori is headed to Washington next week as the company seeks to win approval of its $15 billion bid for U.S. Steel , a person familiar with the ...

Separately, Toms Capital Investment Management also built positions in U.S. Steel and Kenvue during the first quarter, according to its 13F filing. The firm owned 4.9 million shares in common stock of U.S. Steel at the end of the first quarter and 14.4 million shares of Kenvue, the filings show.

Nippon Steel plans to spend $14B on US Steel's operations including up to $4B in a new steel mill if the Trump administration approves its takeover bid, Reuters reports.