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Global rating agency S&P downgraded Nippon Steel to 'BBB' from 'BBB+' with a 'negative' outlook on Thursday, citing an ...
President Trump allowed Nippon Steel to acquire U. S. Steel but only by framing it as a “partnership,” while national ...
President Trump initially opposed the proposed acquisition of U.S. Steel by Nippon Steel, as President Biden did before him. Calling it a partnership gives him a way to finesse his change in ...
By Kosaku Narioka Nippon Steel plans to raise up to $5.6 billion in subordinated loans, as part of efforts to strengthen its balance sheet following its $14 billion acquisition of U.S. Steel.
Following the acquisition, Nippon Steel's debt-to-equity ratio rose to about 0.8 from 0.35 as of March 31 due to the bridge loans and a loss on the sale of its stake in a U.S. joint venture with ...
Nippon Steel Corp. says it has dismissed a lawsuit against former President Joe Biden and the Committee on Foreign Investment in the United States (CFIUS).
When he celebrated the $14 billion in investment in United States Steel Corp. by Nippon Steel Corp., President Donald J. Trump said he’ll be watching the success of the steelmaker. Also on alert ...
But Nippon Steel also promised to invest $11 billion in refurbishing and upgrading U.S. Steel facilities by 2028, including building a new mini-mill—moves it said will create 100,000 new jobs—and ...
With U.S. Steel’s $14.9 billion sale to Nippon Steel made official last week, environmental advocates say it’s time for corporate leadership to take make real strides toward limiting ...
Nippon’s leadership has already earmarked at least $1 billion for Gary Works, including a rebuild of the aging […] The post $15B Nippon Steel Deal Is Completed, Bringing Hope and Uncertainty ...
The Nippon Steel-U.S. Steel deal is done. Finally. Really. What was proposed as a sale in December 2023 and talked about frequently as a “deal,” “merger,” “partnership” or “proposal ...