By Anton Bridge, Abigail Summerville and Kane Wu TOKYO/NEW YORK (Reuters) - Japanese suitors face a heightened chance of U.S. targets baking in hefty termination fees to protect against a deal collapsing due to regulatory or political reasons,
Shares of steel and aluminum companies outperformed broader stock benchmarks Tuesday after President Trump said in a social media post that he would boost the planned 25% tariff on Canadian imports of the metals to 50% in the escalating trade war between the countries.
Nippon Steel is looking to revive its plan to purchase iconic American steelmaker US Steel, despite President Donald Trump’s statements earlier this month that it is only interested in an “investment” and his pledge not to allow it to buy a controlling stake.
Nippon Steel's president reaffirms commitment to U.S. Steel acquisition, seeking Trump's approval despite his preference for investment only.
Union alleges the company "initiated a coordinated attack, attempting to ... undercut our collective power by turning us against each other.”
Ancora urges U.S. Steel to delay annual meeting until after Nippon Steel acquisition deadline, citing need for clarity on the deal's future.
ArcelorMittal's India joint venture has warned it may have to severely curtail steelmaking in the country and delay its expansion plans due to New Delhi's import restrictions on a key raw material, a company letter to the government showed.
Tokyo’s “don’t poke the beast” approach to Donald Trump’s trade war was foreshadowed by Prime Minister Shigeru Ishiba’s preemptive concessions on Nippon Steel (NS) during his February 7th
The United Steelworkers union says it's raised concerns since the sale of U.S. Steel to Nippon Steel was proposed in 2023.
ArcelorMittal Nippon Steel will set up India’s largest plant in Andhra Pradesh, says Industries Minister T.G. Bharat. The shore-based unit, with a capacity of 17.80 Million Tons Per Annum and potential to provide one lakh jobs,
Japanese suitors face a heightened chance of U.S. targets baking in hefty termination fees to protect against a deal collapsing due to regulatory or political reasons, following Nippon Steel’s stranded $14.
Nippon Steel is looking to revive its plan to purchase iconic American steelmaker US Steel, despite President Donald Trump’s statements earlier this month that it is only interested in an ...