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July 04, 2025
 

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STEEL

Nippon Steel's pursuit of U.S. Steel has stretched on for more than a year, with U.S. President Donald Trump vociferously condemning the proposal on numerous occasions, before Friday's more tempered remarks at the Oval Office with Prime Minister Shigeru Ishiba at his side.
BUSINESS / Companies
Feb 8, 2025
Trump says Nippon Steel will invest in U.S. Steel, not buy it
It was unclear if the investment referred to a new deal structure and what the details of the transaction would be.
David Burritt, president and chief executive officer of U.S. Steel, in Detroit in September
BUSINESS / Companies
Feb 7, 2025
Trump meets U.S. Steel CEO as Nippon Steel hopes to save deal
The meeting took place one day before Trump is due to meet with Prime Minister Shigeru Ishiba.
United Steelworkers President David McCall
BUSINESS / Companies
Feb 6, 2025
Union chief files motion to dismiss suit by U.S. Steel and Nippon Steel
United Steelworkers called the U.S. Steel and Nippon Steel lawsuit a "frivolous and unsubstantiated attack" on the union.
Nippon Steel and United States Steel said in an opening brief Monday that the Committee on Foreign Investment in the United States violated their due process rights last year by allowing "virtually no substantive engagement” with the companies.
BUSINESS / Companies
Feb 4, 2025
Nippon Steel and U.S. Steel blast Biden's 'sham' merger block
While Biden is no longer in office, President Donald Trump has expressed his own opposition to the deal.
US Steel’s Mon Valley facility in Pennsylvania. Activist investor Ancora Holdings Group has nominated nine candidates for U.S. Steel’s board and is pushing for the company to abandon a takeover by Nippon Steel.
BUSINESS / Companies
Jan 27, 2025
Ancora seeks U.S. Steel board revamp and end to Nippon Steel deal
The Cleveland-based activist investor intends to push U.S. Steel to end litigation aimed at rescuing the Nippon Steel deal and instead collect a $565 million breakup fee.
U.S. Steel’s Edgar Thomson Steel Works in Braddock, Pennsylvannia, in 2019. Nippon Steel and U.S. Steel face significant legal challenges in their case against the United States.
BUSINESS / Companies
Jan 15, 2025
Nippon Steel’s case against Biden probably unwinnable, attorneys argue
A U.S. president's rejection of a deal following review by the Committee on Foreign Investment in the United States has only been successfully challenged once.
Cleveland-Cliffs is reportedly in talks with North Carolina-based steelmaker Nucor to acquire U.S. Steel.
BUSINESS / Companies
Jan 14, 2025
Japan avoids commenting on Cleveland-Cliffs CEO's provocative comment
Lourenco Goncalves’ remarks over Nippon Steel’s takeover bid for U.S. Steel and description of Japan as being "evil" stunned many in Tokyo.
Cleveland-Cliffs and Nucor may launch a joint bid for United States Steel after Nippon Steel's bid was blocked by U.S. President Joe Biden earlier this month.
BUSINESS / Companies
Jan 14, 2025
Cleveland-Cliffs and Nucor consider joint bid for U.S. Steel
An offer would involve Cleveland-Cliffs acquiring most of U.S. Steel and Nucor taking its so-called mini-mill assets, a source says.
The exterior of a blast furnace building run by Nippon Steel in Kashima, Ibaraki Prefecture.
BUSINESS / Companies
Jan 12, 2025
U.S. delays enforcement of order blocking Nippon Steel-U.S. Steel deal
The delay will give the courts time to review a legal challenge brought by parties earlier this month against Biden's order.
Nippon Steel CEO Eiji Hashimoto speaks to reporters about its lawsuit against the U.S. government on Tuesday.
BUSINESS / Companies
Jan 7, 2025
Nippon Steel committed to long-shot lawsuit against U.S. government
Eiji Hashimoto, the steelmaker's CEO, says he is convinced that litigation is the “best course of action” in response to the blocking of its acquisition of U.S. Steel.
Nippon Steel and U.S. Steel sued the U.S. government Monday for blocking the merger of the two companies.
BUSINESS / Companies
Jan 7, 2025
Nippon Steel and U.S. Steel sue U.S. government for blocking deal
The suit argues that the two companies were denied due process and that the $14.9 billion transaction was blocked for political reasons.
Some people are questioning the U.S. decision to block Nippon Steel’s takeover of U.S. Steel, citing the lack of clear evidence of any national security risk from Japan — a country that hosts over 50,000 U.S. troops and relies on America for defense.
COMMENTARY / Japan
Jan 7, 2025
Biden's Nippon Steel move: A troubling snub of a key ally
Preventing the takeover of U.S. Steel is bad enough. Declaring Japan a national security risk is worse.
Nippon Steel had touted the takeover of U.S. Steel as a lifeline for a company that is long past its heyday, but opponents warned that the Japanese owners would slash jobs.
JAPAN
Jan 6, 2025
Ishiba warns blocked U.S. Steel deal could impact investments
Prime Minister Shigeru Ishiba said that U.S. President Joe Biden's decision had sparked worries over future Japanese investments in the world's largest economy.
A drone view shows Gary Works, the largest integrated steel mill in the U.S., which is operated by U.S. Steel, in Gary, Indiana, on Dec. 12.
BUSINESS / Companies
Jan 6, 2025
Rival CEO allegedly spread doubt about Nippon Steel deal to Wall Street
The private remarks the CEO made throughout 2024 about the deal process show the extent of his effort to cast doubt.
U.S. Steel's Edgar Thomson Steel Works in Braddock, Pennsylvania, in December 2019. The Biden administration blocked the $14 billion takeover of U.S. Steel by Nippon Steel on Friday, citing grounds that the sale posed a threat to national security.
BUSINESS / Companies / FOCUS
Jan 5, 2025
Biden’s decision on Nippon Steel deal followed divide in his orbit
The split was emblematic of so many shifts in U.S. policy — including of Biden’s pledge to build trust with allies and the race against China.
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.
The path forward for the Nippon Steel-U.S. Steel deal is unclear. The companies could sue the U.S. government, another buyer could swoop in for U.S. Steel, or Republicans who favor the deal could urge U.S. President-elect Donald Trump to find a way to approve it.
BUSINESS / Companies / FOCUS
Jan 4, 2025
What's next for the Nippon Steel-U.S. Steel deal?
The companies could sue the U.S. government, another buyer could swoop in, or those who favor the deal could urge Trump to find a way to approve it.
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.
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.
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Onosato's yokozuna promotion causes rare quirk in new sumo rankings
Newly promoted yokozuna Onosato holds a copy of the latest banzuke ranking in Anjo, Aichi Prefecture, on Monday.
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. 
Over 900 earthquakes strike Tokara islands in space of two weeks
A screenshot shows many quakes occurring in the Tokara islands over the past 30 days, in this image taken from the U.S. Geological Survey website.
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."
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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