Nippon Steel completes $14bn U.S. Steel deal after 18 months of talks

Purchase follows pledges on golden share, investment, production and trade

20250618 USS and Nippon Steel

Nippon Steel has completed its $14.1 billion acquisition of its American peer U.S. Steel, after 18 months of negotiations. The deal consolidates the Japanese company's position as the world's fourth largest steelmaker. (Source photos by Yuki Kohara and Yuki Nakao)

SHOTARO TANI

TOKYO -- Nippon Steel has completed its $14.1 billion acquisition of American peer U.S. Steel, bringing to a close protracted negotiations that lasted for 18 months amid U.S. political wrangling.

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