Nippon Steel and Sumitomo Metal Corp
M&A
Nippon tries to win over US Steel union in last-ditch effort
Conclusion of review over national security concerns nears
10 December 2024
M&A
Nippon promises US no imports from overseas mills
Meanwhile, the US plans to increase duties on hot-rolled steel over dumping
19 November 2024
M&A
Cleveland-Cliffs said it welcomes blocking of US Steel deal
US President Biden is rumoured to have made the decision to block the takeover
06 September 2024
BULKS
US Steel should remain American-owned, Harris says
Kamala Harris is the latest US politician opposing the sale of US Steel to Nippon
03 September 2024
BULKS
Nippon Steel hires Mike Pompeo to help seal US Steel deal
Japanese steelmaker is facing opposition from the US against the deal
22 July 2024
M&A
US Steel union rejects Nippon deal amid takeover controversy
US Senators warn of the Japanese steelmaker’s ties to China
03 April 2024
BULKS
President Biden: US Steel must remain domestically owned
White House didn’t say whether the president plans actually to block the deal
15 March 2024
BULKS
S&P revises Nippon Steel rating down on US Steel deal
Nippon is offering a hefty premium for the US steelmaker
20 December 2023
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