Nippon Steel and Sumitomo Metal Corp

REGULATION

Trump orders review of US Steel-Nippon deal

CFIUS to have a conclusion within 45 days

08 April 2025

M&A

Nippon shares dip following plans for increased US Steel investments

Nippon Steel reportedly offered to increase investments in US Steel from $2.7 billion to $7 billion

28 March 2025

M&A

Trump: tariffs have given US Steel new lease on life

Meanwhile, Japanese media report Nippon still wants to move forward with takeover

14 February 2025

M&A

Trump says Nippon will invest in, not take over, US Steel

Neither company has responded to Trump's comments yet

10 February 2025

M&A

Cleveland-Cliffs, Nucor considering US Steel offer

The US government delayed curbing the US Steel-Nippon deal until June

14 January 2025

BULKS

US Steel and Nippon sue after Biden nixes takeover

The US government blocked the $15B acquisition last week

06 January 2025

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

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