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Back 28 Mar 2025

Nippon, US Steel offer increased investment to Trump officials to close deal, Semafor reports ​  

Summary: Nippon Steel and U.S. Steel are in talks to preserve their $14 billion merger, with Nippon offering to increase its investment in U.S. Steel facilities to as much as $7 billion. The deal, initially proposed as a $14.9 billion bid, aims to revamp U.S. Steel’s infrastructure and keep its headquarters in Pittsburgh.

Link: https://www.channelnewsasia.com/business/nippon-us-steel-offer-increased-investment-trump-officials-close-deal-semafor-reports-5029346