Steel Industry

Illustration of the merger between Nippon Steel and U.S. Steel gaining momentum with President Trump's endorsement (AI-generated, non-realistic illustration). Credit: Ideogram.
“Steel Giants Clash”: Nippon Steel Set to Seal the Deal on U.S. Steel Acquisition in Landmark $7 Billion Takeover
Explore how Nippon Steel's $14 billion bid for U.S. Steel, backed by President Trump, could reshape the American steel industry and international relations.

By Vivian HoMay 30, 2025