icon

Nippon Steel - Latest news GMK Center

Photo – Nippon Steel increased steel supplies by 1.8% y/y in FY2023/2024
Nippon Steel increased steel supplies by 1.8% y/y in FY2023/2024

Consolidated steel production in this period increased by 0.5% annually

Photo – US Steel shareholders approve Nippon Steel’s $14.9 billion offer
US Steel shareholders approve Nippon Steel’s $14.9 billion offer

More than 98% of votes were cast in favor of the deal

Photo – EU considers acquisition of US Steel by Japanese Nippon Steel
EU considers acquisition of US Steel by Japanese Nippon Steel

Antitrust decision on the deal is expected in mid-May

Photo – US Senator calls for investigation into possible ties between Nippon Steel and China
US Senator calls for investigation into possible ties between Nippon Steel and China

At the same time, the United Steelworkers rejected the Japanese company's request to support the takeover

Photo – Tenova will supply a pilot direct reduction unit for Nippon Steel
Tenova will supply a pilot direct reduction unit for Nippon Steel

The installation will be built in the research center of the Japanese steel producer

Photo – Nippon Steel intends to finalize the acquisition of US Steel
Nippon Steel intends to finalize the acquisition of US Steel

US President expresses concern over foreign ownership of US Steel

Photo – A potential deal between US Steel and Nippon Steel will bring new opportunities to Slovakia
A potential deal between US Steel and Nippon Steel will bring new opportunities to Slovakia

At the same time, state support will be crucial for the decarbonization of US Steel Kosice

Photo – Nippon Steel increased steel production by 2% y/y in October-December
Nippon Steel increased steel production by 2% y/y in October-December

In the third quarter of the 2023/2024 financial year, consolidated steel output amounted to 10.26 million tons

Photo – Nippon Steel aims to close the deal with US Steel in September
Nippon Steel aims to close the deal with US Steel in September

The Japanese company intensified negotiations with interested parties

Photo – Japanese megabanks to provide Nippon Steel with $16 billion to acquire US Steel
Japanese megabanks to provide Nippon Steel with $16 billion to acquire US Steel

The Japanese steelmaker may issue bonds and new shares to raise funds after the takeover is completed

Photo – Multinational companies call for an objective review of the US Steel deal
Multinational companies call for an objective review of the US Steel deal

The appeal appeared amid strong criticism of the acquisition of an American steel company

1 2 3 4 5 6