Tag - nippon-steel

 
Menu
Search
 
April 25, 2025
 

Today's print edition

Home Delivery
Subscribe for more access

NIPPON STEEL

U.S. Secretary of State Antony Blinken speaks during a U.N. Security Council session at U.N. headquarters in New York on Dec. 19.
ASIA PACIFIC / Politics
Jan 4, 2025
Top U.S. diplomat to visit South Korea with eye on political crisis
Secretary of State Antony Blinken will also visit Tokyo, where he will hold talks with Japanese officials on Monday and Tuesday.
An entrance sign for Nippon Steel's East Nippon Works Kashima Area facility is pictured in Kashima, Ibaraki Prefecture, last month.
BUSINESS / Companies / ANALYSIS
Jan 4, 2025
Nippon Steel rejection shows national security means whatever you want
Experts and former officials say the decision signals how sharply the U.S. has turned away from the principles of globalization.
U.S. President Joe Biden decided Friday to block the proposed $14.9 billion purchase of U.S. Steel by Japan's Nippon Steel, with the firms blasting the decision, calling it a "clear violation of due process" and a political move, and vowing to "take all appropriate action" to protect their legal rights.
BUSINESS / Companies
Jan 4, 2025
Biden blocks Nippon Steel’s $14.1 billion takeover of U.S. Steel
The two firms blasted the decision, calling it a "clear violation of due process" and a political move, and saying they would "take all appropriate action" in response.
A United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan, in September.
BUSINESS / Companies
Jan 3, 2025
Biden to block U.S. Steel sale to Nippon Steel, source says
Biden's call to block the deal was taken despite contrary efforts by some senior advisers concerned that it could hurt U.S.- Japan relations.
The Nippon Steel logo is displayed at the company's headquarters in Tokyo in April.
BUSINESS
Jan 1, 2025
Nippon Steel offers U.S. government veto power in bid for U.S. Steel approval
The Japanese firm offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity.
U.S. Steel workers who support the takeover by Nippon Steel rally outside the company's headquarters in Pittsburgh, Pennsylvania, in September.
EDITORIALS
Dec 27, 2024
Rejecting the Nippon Steel bid is a slap in the face to Japan
Nippon Steel has not given up and continues to lobby U.S. officials and steelworkers, arguing the deal would grow U.S. Steel, protect jobs, and strengthen the industry.
Nippon Steel's headquarters in Tokyo. The Japanese steelmaker said Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel to the first quarter of 2025.
BUSINESS / Companies
Dec 26, 2024
Nippon Steel extends closing date for U.S. Steel acquisition
The estimated closing date has been revised to the first quarter of 2025.
The United States Steel's Clairton Coke Works facility in Clairton, Pennsylvania. In a letter, a group that includes mayors in Pennsylvania and Indiana denounced the head of the United Steelworkers union over his refusal to negotiate in good faith with Nippon Steel its plan to acquire U.S. Steel.
BUSINESS / Companies
Dec 25, 2024
Mayors urge Biden to approve Nippon Steel acquisition of U.S. Steel
A total of 20 people, including the heads of administrative districts where U.S. Steel facilities are located, underlined the importance of the deal to the local communities.
Nippon Steel's $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden after a U.S. panel on foreign investments was unable to reach a consensus.
BUSINESS / Companies
Dec 24, 2024
Nippon Steel's bid for U.S. Steel referred to Biden for final decision
Committee on Foreign Investment in the United States referred the bid to the U.S. president after failing to reach a consensus.
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
BUSINESS / Companies
Dec 21, 2024
Nippon Steel alleges undue White House influence on doomed deal review
The accusation was made in a Dec. 17 letter, signed by counsel for Nippon Steel and U.S. Steel, to the Committee on Foreign Investment in the United States.
Nippon Steel headquarters in Tokyo
BUSINESS
Dec 19, 2024
Nippon Steel to join iron ore mine project in Canada
Nippon Steel will acquire a 30% interest in the Kamistiatusset project. Its investment is seen exceeding ¥140 billion, including development costs.
The U.S. Steel Mon Valley Works Edgar Thomson Plant along the Monongahela River in Braddock, Pennsylvania
BUSINESS / Companies
Dec 19, 2024
Despite revamped proposals, Nippon Steel deal on track to be blocked, letter shows
The letter, sent Saturday, sets the stage for U.S. President Joe Biden, who has long opposed the deal, to block it.
U.S. Steel's Gary Works, the largest integrated steel mill in the country, in Gary, Indiana
BUSINESS / Companies
Dec 15, 2024
U.S. foreign investment panel split on Nippon-U.S. Steel deal, report says
The U.S. Treasury has informed Nippon Steel that the panel reviewing its proposed $14.9 billion purchase of U.S. Steel has not yet come to an agreement on how to address security concerns, the Financial Times reported on Sunday.
A Nippon Steel blast furnace building in Kashima, Ibaraki Prefecture, on Dec. 6
BUSINESS / Companies
Dec 14, 2024
Nippon Steel’s plan B now in focus as $14 billion U.S. deal falters
The bid for the once-fabled American company ran into a maelstrom of political opposition in the U.S. in the run-up to the presidential election.
The United Steelworkers union claims that Nippon Steel's latest offer is tantamount to bribery.
BUSINESS / Companies
Dec 11, 2024
Union blasts Nippon Steel’s $5,000 per worker bonus in U.S. Steel deal
The United Steelworkers called Nippon Steel's move “a classic union-busting tactic” and a “desperate attempt to win over support for its doomed acquisition.”
Izumi Kobayashi, director of Mizuho Financial, Omron and ANA, speaks during the Reuters Next conference in New York on Tuesday.
BUSINESS
Dec 11, 2024
Mizuho director says companies should not overreact to Trump's tariff threats
It would be difficult for companies to withdraw from China given its mammoth size, said Izumi Kobayashi.
U.S. President Joe Biden — born in U.S. Steel’s home state of Pennsylvania — has long signaled opposition to the company's sale to Nippon Steel.
BUSINESS
Dec 11, 2024
U.S. says review of Nippon Steel bid ongoing as U.S. Steel shares tumble
The companies are poised to pursue litigation over the process if U.S. President Joe Biden decides to block the merger, sources added.
The exterior of a blast furnace building is seen during a media tour by Nippon Steel at their East Nippon Works Kashima Area facility in Kashima, Ibaraki Prefecture, on Friday.
BUSINESS / Companies
Dec 10, 2024
Nippon Steel makes final push to win over U.S. workers
Nippon Steel said it made new commitments with regards to where and when a previously announced $1.4 billion capital expenditure commitment would be spent.
If the deal goes through, the Japanese steelmaker has promised not to transfer any U.S. Steel production capacity or jobs outside the United States.
BUSINESS / Companies
Dec 5, 2024
Nippon Steel committed to U.S. Steel takeover, executive says
"There is no global strategy without the U.S.," Takahiro Mori, the Japanese company's vice chairman, said this week.
U.S. President-elect Donald Trump says he will "block" a planned takeover of U.S. Steel by Nippon Steel.
BUSINESS / Companies
Dec 3, 2024
Trump says will 'block' Nippon Steel from taking over U.S. Steel
Days after the U.S. election last month, Nippon Steel said it expected to close its takeover of the company before the end of the year.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Japan must correct Trump’s false data for trade talks, says Kono
Former Foreign Minister Taro Kono
Japan wants to 'separate' tariff and security issues. That may be tough.
Japan’s chief tariff negotiator, Ryosei Akazawa, poses with a "Make America Great Again" cap at the White House in Washington on April 16.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.
By Tomoko Otake

SUSTAINABLE JAPAN

Smile! It’s ‘Sanrio Time,’ now and ever after
Smile! It’s ‘Sanrio Time,’ now and ever after

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER