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Nippon Steel

  • Tuesday, 24 December, 2024
    Nippon’s bid for US Steel in Biden’s hands after deadlock on panel vetting deal

    President has already voiced opposition to Japanese company’s takeover plan

    Aerial view of the US Steel Mon Valley Works Clairton Plant in Pennsylvania, with large industrial buildings and smokestacks emitting steam
  • Friday, 20 December, 2024
    Art of the steel: Can Japan’s Nippon close a $15bn deal before Trump returns?

    Washington will soon rule on tie-up that will have sweeping implications for America’s rustbelt

  • Sunday, 15 December, 2024
    Committee on Foreign Investment in the US
    Foreign investment panel split on Nippon’s bid for US Steel

    Lack of consensus at Cfius makes it more likely Joe Biden will block the deal

    US Steel’s factory in Clairton, Pennsylvania
  • Wednesday, 11 December, 2024
    US politics & policy
    Biden administration split over US Steel deal

    Pentagon, Treasury and state department all conclude $15bn Nippon Steel acquisition poses no national security risk

  • Tuesday, 3 December, 2024
    Special ReportInvesting in America
    How an American steel takeover became a political firestorm

    A Japanese company’s plan to buy US Steel is challenging the country’s long-standing policy towards foreign investment

    A montage image of a factory labelled United States Steel and Nippon Steel against a background of stylised $100 bills and abstract blue architectural elements, set on a bold red background
  • Monday, 18 November, 2024
    United States Steel Corp
    Nippon Steel flies to Pittsburgh in race to get US Steel deal cleared

    Japanese group’s vice-chair plans post-election Washington visit to break political deadlock on $15bn bid

    Bulldozers move coal near the United States Steel Corp Clairton Coke Works facility in Clairton, Pennsylvania
  • Monday, 23 September, 2024
    Rana Foroohar
    There are no easy answers for US Steel

    Nippon’s proposed acquisition faces some legitimate pushback

    Illustration of two small figures pushing two gian puzzle pieces together but they won’t interlock as they aren’t the right shapes
  • Wednesday, 18 September, 2024
    US delays decision on Nippon Steel’s $15bn takeover of US Steel

    Japanese group wins extension to probe of deal that is opposed by Biden, Harris and Trump

    Smoke and steam rises from a US Steel facility in Clairton, Pennsylvania
  • Thursday, 12 September, 2024
    Leo Lewis
    Japan has learnt a hard lesson about US friendship

    The Nippon Steel experience has broader ramifications for dealmaking

    María Hergueta illustration of a large blue chain being sawn by a contractor wearing a protective mask
  • Tuesday, 10 September, 2024
    Nippon Steel flies to Washington for last-gasp push to save US Steel deal

    Biden administration opposes Japanese company’s proposed $15bn takeover, which has become an election issue

    US Steel plant in Clairton, Pennsylvania
  • Thursday, 5 September, 2024
    Lex
    Washington’s steely resolve on Nippon bid should rattle dealmakers Premium content

    Biden’s plan to block US Steel acquisition dashes hopes money might beat politics

    US Steel employees dressed in orange work uniforms hold signs that read "Nippon Steel = Best Deal for U.S. Steel."
  • Thursday, 5 September, 2024
    Due Diligence
    Nippon Steel’s mega-deal starts to unravel Premium content

    Plus, the sale of an Australian data centre company mints a new billionaire and an AI start-up focused on safety raises $1bn

    Nippon Steel logo
  • Wednesday, 4 September, 2024
    United States Steel Corp
    Biden set to block Nippon Steel’s takeover of US Steel

    Japanese bid for Pennsylvania-based company has become flashpoint in US presidential race

    The Nippon Steel Corporation's logo is displayed on a sign outside its headquarters in Tokyo
  • Wednesday, 4 September, 2024
    US politics & policy
    US Steel warns Pennsylvania jobs ‘at risk’ if Nippon takeover fails

    Kamala Harris and Donald Trump both oppose $15bn Japanese bid as they court voters in crucial swing state

    The US Steel coke works in Clairton, Pennsylvania
  • Wednesday, 4 September, 2024
    Nippon Steel pledges US Steel would be run by Americans

    Japanese company lobbies unions and politicians over $14.9bn bid after Kamala Harris insists on local ownership

    An aerial view of the US Steel Mon Valley Works Clairton Plant in Clairton, Pennsylvania, with various industrial buildings, smokestacks emitting steam, and an American flag painted on a prominent structure in the foreground
  • Tuesday, 3 September, 2024
    US presidential election 2024
    Harris opposes Nippon Steel’s $15bn bid for US Steel

    Democratic presidential candidate comes out against deal in latest blow to Japanese company’s takeover hopes

    Kamala Harris
  • Sunday, 21 July, 2024
    Nippon Steel hires Pompeo in lobbying push for $15bn US Steel bid

    Trump’s former secretary of state to help Japanese company overcome opposition to deal

    Mike Pompeo speaks at the convention
  • Thursday, 9 May, 2024
    Nippon Steel predicts ‘calmer discussions’ with unions after US presidential election

    Japanese company’s $14.9bn proposed purchase of US Steel sparked bipartisan political backlash

    Nippon Steel’s logo is on a sign outside its headquarters in Tokyo
  • Friday, 19 April, 2024
    Due Diligence
    How not to handle a mega-deal Premium content

    Plus, Blackstone’s M&A machine revs up and Arnault lays the groundwork for LVMH’s future

    Due diligence logo
  • Thursday, 18 April, 2024
    United Steelworkers
    Should US steelworkers fear a Nippon deal? Biden and a powerful union say ‘yes’

    The USW has inserted itself into the election, US-China relations and a $14.9bn cross-border deal

    Joe Biden speaks at the United Steelworkers headquarters in Pittsburgh
  • Tuesday, 2 April, 2024
    Senators urge White House to investigate Nippon Steel ties to China

    Japanese company’s bid for US Steel further complicated by industrial state politicians

    A portion of US Steel’s Edgar Thomson Plant in Braddock, Pennsylvania
  • Tuesday, 19 March, 2024
    The FT ViewThe editorial board
    The contrasting tales of TikTok and Nippon Steel

    Pace of US deglobalisation is accelerating, with sometimes dubious motives

    A worker walks towards a steel plant in Pennsylvania. Nippon’s takeover of US Steel is no threat to the US economy, but could enhance it
  • Friday, 15 March, 2024
    US trade
    Biden declares opposition to Nippon Steel takeover of US Steel

    President seeks to keep company ‘domestically owned and operated’ despite Washington’s alliance with Tokyo

    US Steel works in Clairton, US
  • Thursday, 14 March, 2024
    LexUS politics & policy
    President Biden’s US Steel intervention clashes with call for rules-based order Premium content

    The administration needs to articulate how Nippon’s acquisition breaches national security standards

    The US Steel coke works in Clairton, Pennsylvania
  • Wednesday, 28 February, 2024
    Business InsightKana Inagaki
    Are Japan’s managers ready for the revival of trade unions?

    Nippon Steel’s planned purchase of US Steel is a test case as managers prepare to deal with more active labour groups

    US Steel works in Pennsylvania, US
Previous page You are on page 1 Next page

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