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Nippon Steel Corp S/Adr (OP:NPSCY)

3.820 +0.040 (+1.06%)

Streaming Delayed Price Updated: 2:00 PM EDT, Mar 10, 2026 Add to My Watchlist

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All News about Nippon Steel Corp S/Adr

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US Steel Tumbles Nearly 10% In Overnight Trading On Robinhood As Biden Reportedly Plans To Block $14.9B Nippon Steel Merger ↗

January 03, 2025

In a strategic move to gain approval, Nippon Steel has proposed granting the U.S. government direct veto power over any changes in production at U.S. Steel's facilities.

Via Benzinga

Joe Biden To Decide On Nippon Steel's $14.9B US Steel Acquisition On Friday Amid Veto Offer, Labor Concerns ↗

January 02, 2025

President Joe Biden is expected to announce his decision on Nippon Steel's $14.9 billion acquisition of United States Steel Corp. as soon as Friday, despite previously expressing opposition to foreign...

Via Benzinga

Nippon Steel Proposes Biden Government Veto Over US Steel's Production Output In Bid To Secure Acquisition ↗

December 31, 2024

Nippon Steel proposes giving U.S. government veto power over U.S. Steel's production cuts in bid for Biden's approval of $14.9B acquisition. Union remains opposed.

Via Benzinga

Joe Biden Faces Decisive Call On Nippon Steel's $14.9B Bid For US Steel Amid National Security Concerns ↗

December 24, 2024

A key U.S. government panel has reached an impasse over Nippon Steel's $14.9 billion bid for United States Steel Corporation, shifting the final decision to President Joe Biden amid mounting national...

Via Benzinga

Trump's Ex-Secretary Of State Mike Pompeo Backs Nippon Steel's $14.9B Acquisition Of US Steel Citing National Security Concerns ↗

December 16, 2024

Former U.S. Secretary of State Mike Pompeo has thrown his support behind Nippon Steel Corp.'s proposed $14.9 billion acquisition of United States Steel Corp., arguing the deal would strengthen...

Via Benzinga

Topics Government

Trump Says He Will Make US Steel 'Great Again' Through Tariffs, Cautions Nippon Steel: 'Buyer Beware!' ↗

December 02, 2024

On Monday, Dec. 2, 2024, Trump opposed Nippon Steel's $14.1B bid for U.S. Steel, pledging tariffs and tax incentives to block the deal and bolster domestic industry.

Via Benzinga

Topics Government World Trade

Nucor, Steel Stocks Rise On Goldman Call, Tariff Hopes ↗

December 02, 2024

Nucor stock and Cleveland-Cliffs rallied as prospects for U.S. steel companies brighten following the election of Donald Trump.

Via Investor's Business Daily

As Trump, Kamala Harris, And Biden Unite Against Nippon Steel's $15B US Steel Acquisition, Japanese Steelmaker Spends $1.3M On Lobbying Efforts ↗

October 22, 2024

To secure its proposed acquisition of United States Steel Corporation, Japanese steelmaker Nippon Steel has boosted its lobbying spending in Washington.

Via Benzinga

Topics Government

Amid Resistance From Harris And Trump, Nippon Steel Scores Favorable Arbitration Ruling In $14.9B US Steel Acquisition Deal ↗

September 25, 2024

An arbitration board has ruled in favor of Nippon Steel Corp in its $14.9 billion acquisition of United States Steel Corporation. The decision was announced on Wednesday.

Via Benzinga

Topics Government

Amid Trump And Harris Opposition To Nippon Steel's $14B Bid For US Steel, National Security Panel To Reportedly Delay Decision Until After The Presidential Election ↗

September 17, 2024

The U.S. national security panel has postponed its decision on Nippon Steel Corp bid for United States Steel Corp until after the presidential election.

Via Benzinga

Topics Government

Kamala Harris Opposed $14.1B Nippon Steel Acquisition Of US Steel Labeled By United Steelworkers As 'Doomed' — Union Boss Says Executives Using 'Oldest Tricks In The Book' ↗

September 12, 2024

Dave McCall Union President expressed opposition to the deal in a written memo sent to relevant parties on Thursday. The memo was also sent to the White House after President Joe Biden and Vice...

Via Benzinga

Nippon Steel Unveils Union Talks Amid US Steel Acquisition Dispute ↗

September 12, 2024

The Japanese steelmaker has engaged with the USW leadership 32 times, through face-to-face meetings, emails, and phone calls.

Via Benzinga

Biden And Harris' Push To Block $14.1B US Steel Acquisition By Nippon Steel Faces Committee Delay: Report ↗

September 12, 2024

Amid the mixed views over the deal by union members and other stakeholders, The Committee on Foreign Investment is yet to send a recommendation on the deal as of Wednesday, according to a U.S....

Via Benzinga

After Kamala Harris Said US Steel Should Remain 'American-Owned,' Nippon Steel's Takahiro Mori Reportedly Flies To US For Final Attempt At Saving $15B Deal ↗

September 11, 2024

Sources familiar with the matter have indicated that the U.S. State Department and Defense Department have not agreed with the view that the deal would pose security risks.

Via Benzinga

Cleveland-Cliffs Chief Slams US Steel for 'Pathetic Blackmail Attempt' On US, Pennsylvania ↗

September 06, 2024

Via Benzinga

Japan PM Candidate Warns Biden's Opposition To Nippon's US Steel Acquisition Could 'Undermine The Trust Of Its Allies' ↗

September 06, 2024

The proposed acquisition has been met with bipartisan resistance in the U.S. due to the impending presidential elections.

Via Benzinga

US Steel CEO David Burritt Blasted By United Steelworkers President After $15B Deal With Nippon Steel Comes Under Biden Administration Scrutiny: 'Get A Decent CEO' ↗

September 05, 2024

David McCall, President of United Steelworkers met Nippon Steel's Executive Vice President Takahiro Mori this summer to describe the union's demands, particularly ensuring that the Japanese...

Via Benzinga

Biden Administration Reportedly Warns Nippon Steel's $14.9B Acquisition Of US Steel Poses National Security Risks ↗

September 05, 2024

The deal has faced opposition from both Democrats and Republicans, including Vice President Kamala Harris and Donald Trump, who have voiced their desire for U.S. Steel to remain "American owned and...

Via Benzinga

Topics Government

Biden Gears Up To Block Nippon Steel's $15B US Steel Acquisition: Report ↗

September 04, 2024

President Joe Biden is getting ready to formerly block Nippon Steel's nearly $15 billion acquisition of United States Steel Corp (NYSE:X), according to a Washington Post report citing three people with...

Via Benzinga

Kamala Harris Says US Steel Should Remain 'American-Owned And American-Operated' ↗

September 02, 2024

Via Benzinga

Nippon Steel Pledges Additional $1.3B Investment In US Steel Amid Takeover Resistance From Team Biden ↗

August 29, 2024

At Gary Works in Indiana, the company will invest approximately $300 million to revamp the blast furnace, extending the plant's operational life by up to 20 years.

Via Benzinga

Equinor Extends 35-Year Partnership: Nippon Steel and Sumitomo to Supply OCTG for Up to 9 Years ↗

July 03, 2024

Equinor renews contract with Nippon Steel and Sumitomo to supply OCTG for 9 years, recognizing stable supply and commitment to low carbon and safety.

Via Benzinga

The Top 3 Stock Upgrades You Can’t Ignore This Month ↗

July 01, 2024

These top stock upgrades from Wall Street deserve your attention because they could spell growth in the second half of 2024.

Via InvestorPlace

U.S. Steel Guides Q1 EPS Below Street Estimate, Says Nippon Steel Merger Will Make It 'Best Steelmaker' ↗

March 18, 2024

U..S. Steel provided Q1 FY24 guidance, with strong steel demand & investments in progress. The company expects merger with Nippon Steel to make it best steelmaker.

Via Benzinga

X Stock Alert: Why Joe Biden Is Sending U.S. Steel Plummeting Today ↗

March 13, 2024

X stock dropped nearly 13% on Wednesday as President Joe Biden prepares to state concern for Nippon Steel's purchase of U.S. Steel.

Via InvestorPlace

President Joe Biden's Planned Intervention Signals Heightened Scrutiny Over Nippon Steel's United Steel Acquisition Bid ↗

March 13, 2024

The Financial Times report indicates that while President Biden didn't explicitly demand blocking the deal, his expressed concern aligns with views shared by White House economic adviser Lael Brainard....

Via Benzinga

3 Stocks to Avoid as Steel Prices Fall in 2024 ↗

February 22, 2024

Explore why steel prices are falling in 2024 and which stocks to avoid, including insights on US Steel, ArcelorMittal and Cleveland-Cliffs.

Via InvestorPlace

Trump's Potential Return To Presidency Seen As Business Risk By Half Of Japanese Companies, Shows Poll ↗

February 21, 2024

Via Benzinga

Topics Government

Warren Buffett-Backed Mitsubishi Hits Record High After Announcing $3.4B Share Buyback Plan ↗

February 07, 2024

Japan's leading trading company, Mitsubishi, has seen its shares soar to an all-time high following its announcement of a massive share buyback plan.

Via Benzinga

Experts Think Trump's Threat To Block Nippon-US Steel Deal Could Have Bigger Consequences For Japan: 'We Thought We're Completely Aligned Countries' ↗

February 05, 2024

The deal, which symbolizes the limits of "friendshoring" between allies, is already facing criticism from U.S. lawmakers and the United Steelworkers union.

Via Benzinga

Topics Government

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