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July 06, 2025
 

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NIPPON STEEL

U.S. President Donald Trump says U.S. Steel will be "controlled by the United States, otherwise I wouldn’t make the deal” on what he called a "partnership" with Nippon Steel.
BUSINESS / Companies
May 26, 2025
Trump backing for Nippon Steel deal comes with big questions
The U.S. leader's unexpected announcement stopped short of explicitly endorsing Nippon Steel’s proposed takeover, instead asserting that U.S. Steel would "remain American.”
U.S. President Donald Trump points as he boards Air Force One en route to New Jersey, at Joint Base Andrews, Maryland, on Friday.
BUSINESS / Companies
May 24, 2025
Trump announces Nippon Steel-U.S. Steel ‘partnership’ deal
Media reports said the agreement signaled the approval of a takeover of the iconic American company by the Japanese steelmaker.
The Committee on Foreign Investment in the U.S. on Wednesday submitted a recommendation to President Donald Trump on Nippon Steel's fraught $14.9 billion bid for U.S. Steel, a person familiar with the matter said, without providing further detail on its contents.
BUSINESS / Companies
May 23, 2025
U.S. panel submits view on Nippon Steel-U.S. Steel deal to Trump
Trump will now have 15 days to decide the fate of the transaction, although the timeline could slip.
Nippon Steel Vice Chairman Takahiro Mori speaks during an interview in Tokyo on Monday.
BUSINESS / Companies
May 21, 2025
Nippon Steel says it is confident Trump's buyout concerns have been addressed
Wednesday is the deadline for the Committee on Foreign Investment in the United States to review Nippon Steel's acquisition plan again.
The supercharged investment pledge, up from an initial $1.4 billion, was pitched as part of a last-ditch effort to win approval of the merger, which has drawn fire from both U.S. Presidents Donald Trump and Joe Biden.
BUSINESS / Companies
May 20, 2025
Nippon Steel eyes billions more in U.S. Steel investments if Trump green-lights deal
It is unclear if the billions in new investment will be enough to sway Trump, though two sources said his administration sought the increased investment.
Overall net profit is expected to go down 42.9% from the previous year to ¥200 billion at Nippon Steel, 18.4% to ¥75 billion at JFE Holdings and 16.8% to ¥100 billion at Kobe Steel.
BUSINESS / Companies
May 13, 2025
Three major Japan steelmakers say they expect profit falls in fiscal 2025
Overall net profit is expected to go down 42.9% from the previous year to ¥200 billion at Nippon Steel, 18.4% to ¥75 billion at JFE and 16.8% to ¥100 billion at Kobe Steel.
The United Steelworkers union headquarters in Pittsburgh, Pennsylvania
BUSINESS / Companies
Apr 23, 2025
Union tells Bessent risks of Nippon Steel deal are too great
The United Steelworkers said the risks cannot be overcome in any scenario in which Nippon Steel exercises influence over U.S. Steel’s decision-making.
Ryosei Akazawa (third from right), Japan's tariffs negotiator, in a meeting with U.S. Secretary of the Treasury Scott Bessent (second from right) and other senior government officials on Wednesday in Washington
BUSINESS
Apr 18, 2025
Trump reiterates opposition to Nippon Steel’s purchase of U.S. Steel
Whether there is interplay between the tariff negotiations and the Nippon Steel-U.S. Steel deal has never been made clear.
U.S. Steel shares tumbled as much as 16% Wednesday after President Donald Trump made a fresh remark signaling his opposition to a buyout by Nippon Steel.
BUSINESS / Companies
Apr 10, 2025
Trump says he does not want to see U.S. Steel go to Japan
Trump told White House reporters that U.S. Steel is a special company, throwing cold water on expectations that Nippon Steel's buyout efforts might start to make progress.
The U.S. Steel Clairton Coke Works facility in Pennsylvania
BUSINESS / Companies
Apr 9, 2025
U.S. Steel says activist investor now in favor of Nippon Steel deal
Ancora Holdings owns less than a 1% stake in the company.
Nippon Steel’s proposal to buy U.S. Steel is being given a second national security review by U.S. President Donald Trump.
BUSINESS / Companies
Apr 8, 2025
Nippon Steel’s purchase of U.S. Steel to get new national security review
The order for a second review came after a call between Trump and Prime Minister Shigeru Ishiba over the tariffs.
U.S. Justice Department has asked that oral arguments for a lawsuit filed by Nippon Steel against the U.S. government for blocking its planned acquisition of United States Steel be rescheduled for the week of May 12.
BUSINESS / Companies
Mar 18, 2025
U.S. government seeks to postpone oral arguments in Nippon Steel suit
The move is apparently aimed at giving the current administration time for talks with the Japanese steelmaker for it to decide on the bid to acquire United States Steel.
Idled blast furnaces at U.S. Steel's Granite City Works in Granite City, Illinois, in July 2017
BUSINESS / Companies
Mar 15, 2025
U.S. Steel activist investor boosts holding in turnaround push
The move comes as hope for the deal that drew massive attention during the 2024 American presidential election has shown little progress.
Nippon Steel is trying to build its business globally with U.S. Steel as a key component.
BUSINESS / Companies / ANALYSIS
Mar 5, 2025
U.S. Steel seen as key to Nippon Steel's global strategy
To meet its target of raising its annual crude steel production capacity to over 100 million metric tons, the firm needs to forge ahead into promising foreign markets.
According to a tally released on Thursday, some 1,416 labor unions under the umbrella of the Japan Council of Metalworkers’ Union requested a monthly base salary gain of ¥14,149 ($94.84) on average in talks expected to culminate with a deal next month.
BUSINESS / Companies
Feb 27, 2025
Japan's metalworker unions demand record pay hike
The demand by Japan Council of Metalworkers’ Union is an early sign of continued momentum for pay growth in the country.
Nippon Steel spent much of 2024 trying to gain approval for its planned takeover of U.S. Steel, facing regulatory and political hurdles.
BUSINESS / Companies
Feb 25, 2025
Nippon Steel sticks with U.S. Steel takeover after investment call
The comments from Nippon Steel President Tadashi Imai on Tuesday are the first from an executive of the company since Trump said the steelmaker was considering an investment.
Prime Minister Shigeru Ishiba said that the situation surrounding Nippon Steel and U.S. Steel has improved under U.S. President Donald Trump.
BUSINESS / Companies
Feb 18, 2025
Ishiba questions the politics of Nippon Steel-U.S. Steel deal rejection
The "unjust political interference” was difficult to understand, the prime minister said, but he indicated that the situation has improved under Trump.
U.S. President Donald Trump meets with Prime Minister Shigeru Ishiba at the White House in Washington on Feb. 7.
BUSINESS / Companies
Feb 15, 2025
U.S. Steel and Nippon Steel were blindsided by Trump investment talk
The proposed investment following Donald Trump's meeting with Prime Minister Shigeru Ishiba wasn’t communicated to either of the steelmakers beforehand.
The U.S. Steel Mon Valley Works Edgar Thomson Plant in Braddock, Pennsylvania.
BUSINESS / Companies
Feb 14, 2025
Nippon Steel wants 100% of U.S. Steel, not a minority stake, report says
Last week, the deal appeared effectively dead after a meeting between Prime Minister Shigeru Ishiba and U.S. President Donald Trump.
U.S. Steel workers rally outside the company's headquarters in Pittsburgh in support of the takeover by Japan's Nippon Steel back in September.
EDITORIALS
Feb 14, 2025
The Nippon Steel deal’s lessons for the world
Former U.S. President Joe Biden’s stiff opposition to the deal may have created space, if not impetus, for President Donald Trump to resurrect the acquisition.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Hidden AI prompts in academic papers spark concern about research integrity
Waseda University is one of 14 institutions in eight countries found to have used hidden prompts in research papers.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
U.S. military apologizes over Okinawa sexual assault case
Col. Neil Owens (right), chief of staff for the 3rd Marine Division, bows in apology at the Okinawa Prefectural Government office in Naha on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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