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Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

TOKYO (AP) — Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker’s move.


  • Jan 08 2025
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Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
TOKYO (AP) — Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker’s move.

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