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.