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Nippon Steel completes acquisition of U.S. Steel

Jun 19, 2025

Acquiring Company

Nippon Steel

Acquired Company

United States Steel

TokyoPittsburghManufacturingMiningPrecious MetalsConstructionBuilding MaterialManufacturingInformation TechnologyOil And GasArtificial IntelligenceMachine LearningNatural Language ProcessingMiningPrecious Metals

Description

Nippon Steel Corp. has completed its acquisition of United States Steel Corp., making it a wholly owned subsidiary. The deal, valued at around 2 trillion yen, involved purchasing U.S. Steel shares at 55 dollars each. U.S. Steel will issue a 'golden share' to the U.S. government, allowing it to appoint an independent director. The acquisition signifies Nippon Steel's dedication to strengthening its position in the global steel market.

Quick answer

Nippon Steel is acquiring United States Steel, announced June 18, 2025. Nippon Steel is based in Tokyo, Tokyo, Japan.

How much did Nippon Steel pay for United States Steel?
The deal value was not disclosed.
What does Nippon Steel do?
Nippon Steel Corp. is a leading steel company based in Tokyo, Japan, with a strong focus on the production of high-end, electrical steel sheets for automobiles.
Where are Nippon Steel and United States Steel based?
Nippon Steel is based in Tokyo, Tokyo, Japan. United States Steel is based in Pittsburgh, Pennsylvania, United States.
Who are the decision-makers at Nippon Steel?
Fundz holds 2 contacts at Nippon Steel. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Nippon Steel

Location

Tokyo, Tokyo, Japan

About

Nippon Steel Corp. is a leading steel company based in Tokyo, Japan, with a strong focus on the production of high-end, electrical steel sheets for automobiles. The company holds over 2,000 patents in North America and is known for its cutting-edge technology and innovation in the steel industry.

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Frequently asked

Who acquired United States Steel?

United States Steel was acquired by Nippon Steel, based in Tokyo. The deal was reported on June 19, 2025. Nippon Steel Corp. is a leading steel company based in Tokyo, Japan, with a strong focus on the production of high-end, electrical steel sheets for automobiles. Nippon Steel is privately held and operates in Manufacturing.

When did Nippon Steel acquire United States Steel?

Nippon Steel's acquisition of United States Steel was reported on June 19, 2025. Nippon Steel Corp. has completed its acquisition of United States Steel Corp., making it a wholly owned subsidiary. The deal, valued at around 2 trillion yen, involved purchasing U.S. Steel shares at 55 dollars each. U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does United States Steel do?

United States Steel Corp. is a prominent American steel company with a focus on steel production and related services. It has been a key player in the US steel industry and is currently the subject of a major acquisition by Nippon Steel Corp. It is privately held, operating in Manufacturing, and is based in Pittsburgh.

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