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July 24, 2026
 

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U.S. STEEL

Nippon Steel says it has raised ?600 billion ($3.9 billion) from an upsize sale of convertible bonds to help repay loans taken out for its acquisition of United States Steel.
BUSINESS / Companies
Feb 25, 2026
Nippon Steel raises ?600 billion from bonds to repay U.S. Steel loans
Half of the bonds, which can be converted into stock, are set to mature in 2029, and the remainder, in 2031, according to a filing to the Finance Ministry.
Workers prepare a bundle of steel reinforcing bar at a metal stock yard in Shanghai.
BUSINESS / Companies
Feb 20, 2026
Nippon Steel executive sees China-driven supply glut nearing end
Exporters in China were increasingly struggling to generate profits from overseas sales as the regional market had become oversupplied, Nippon Steel¡¯s CFO said.
By fiscal 2030, Nippon Steel aims to raise its consolidated business profit, excluding items such as inventory valuation differences, to at least ?1 trillion from the average of ?770 billion projected for fiscal 2021-2025.
BUSINESS / Companies
Dec 12, 2025
Nippon Steel to invest ?6 trillion over five years to fiscal 2030
The new plan sets overseas business as the core of growth amid a prolonged steel market slump caused by falling demand in Japan.
Takahiro Mori, vice chairman of Nippon Steel, speaks at a news conference in Tokyo in June. Mori said in a recent interview that the firm will shortlist two or three states for construction of a major new plant in the United States.
BUSINESS / Companies
Dec 2, 2025
Nippon Steel to shortlist two or three states for new U.S. plant
Japan¡¯s largest steel producer is seeking a site capable of supporting a plant with 3 million tons of annual capacity.
The United States Steel Edgar Thomson Works steel mill in Braddock, Pennsylvania
BUSINESS / Companies
Nov 5, 2025
U.S. Steel says Japanese ownership to unlock $3 billion in value
Nippon Steel had acquired U.S. Steel for $14.1 billion in June, and agreed to invest $11 billion in the Pittsburgh-based company by 2028.
Nippon Steel has announced a $300 million investment in two U.S. Steel facilities, which forms part of its $11 billion commitment to the American steelmaker.
BUSINESS / Companies
Sep 26, 2025
Nippon Steel to invest $300 million in U.S. Steel
The investment in two U.S. Steel plants forms part of the Japanese company¡¯s $11 billion commitment to the American steelmaker.
U.S. President Donald Trump speaks about trade at the Granite City Works steel coil warehouse in Granite City, Illinois, in July 2018.
BUSINESS / Companies
Sep 20, 2025
Trump officials used ¡®golden share¡¯ to block U.S. Steel from stopping work at plant
The move highlighed the federal government¡¯s continued influence over an iconic American firm after approving its takeover by Nippon Steel.
U.S. President Donald Trump at Granite City Works in Illinois in 2018. U.S. Steel, the owner of the plant, was acquired by Nippon Steel earlier this year.
BUSINESS / Companies
Sep 10, 2025
U.S. Steel¡¯s Granite City Works to cease steel slab processing: report
The production decision comes just three months after the acquisition by Nippon Steel.
Nippon Steel has dropped a civil lawsuit filed in the United States related to its acquisition of United States Steel after a successful settling of the takeover deal.
BUSINESS / Companies
Sep 4, 2025
Nippon Steel drops civil lawsuit related to U.S. Steel buyout
The Japanese steelmaker had sued U.S. peer Cleveland-Cliffs, its CEO, and the head of a steel union over what it alleged were illegal acts to prevent the buyout.
Ambulances are seen outside U.S. Steel's Clairton Coke Works following explosions at the plant in Clairton, Pennsylvania, on Monday.
BUSINESS / Companies
Aug 12, 2025
Two dead, 10 hospitalized after Pennsylvania steel plant explosions
The incident at U.S. Steel¡¯s Clairton Coke Works happened at around 11 a.m. on Monday.
The Nippon Steel logo is displayed at the company's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, in May.
BUSINESS / Companies
Aug 2, 2025
Nippon Steel swings into quarterly loss
The Japanese steelmaker said Friday that it had posted a consolidated net loss of ?195.8 billion for the fiscal first quarter, against the year-before profit of ?157.5 billion.
Prime Minister Shigeru Ishiba and Chief Cabinet Secretary Yoshimasa Hayashi (right) meet with Nippon Steel Chairman and CEO Eiji Hashimoto (center), President and Chief Operating Officer Tadashi Imai (second from left), and Vice Chairman and Executive Vice Present Takahiro Mori (left) at the Prime Minister's Office in Tokyo on Wednesday.
BUSINESS / Companies
Jul 2, 2025
Nippon Steel aiming to prove value of Japan-U.S. cooperation, chairman says
PM Ishiba explained that Tokyo is continuing to urge the administration of U.S. President Donald Trump to review its high tariffs.
U.S. President Donald Trump receives a gold helmet with his name on it during a visit to U.S. Steel in West Mifflin, Pennsylvania.
BUSINESS / Companies
Jun 27, 2025
Trump himself will wield U.S. Steel ¡®golden share¡¯ superpowers
After the U.S. president leaves office, the authority will move to executive branch departments.
Ryosei Akazawa, Japan¡¯s chief tariff negotiator (left), meets with Nippon Steel Chairman and CEO Eiji Hashimoto.
BUSINESS
Jun 24, 2025
Japan needs a big, beautiful trade deal with the United States
A creative solution along the lines of the U.S. Steel ¡°golden share¡± has been suggested.
Nippon Steel Chairman and CEO Eiji Hashimoto (left) and Nippon Steel Vice Chairman and Executive Vice President Takahiro Mori. The Japanese company is still undecided about a civil suit filed against a U.S. competitor.
BUSINESS / Companies
Jun 20, 2025
Nippon Steel drops lawsuit against U.S. government after acquiring U.S. Steel
The Japanese company had challenged the legality of U.S. President Joe Biden¡¯s rejection of the acquisition.
Nippon Steel Chairman and CEO Eiji Hashimoto leaves a news conference, at which he discussed the acquisition of United States Steel, on Thursday
BUSINESS / Companies
Jun 19, 2025
Nippon Steel completes U.S. Steel acquisition after 18-month slog
The firm now owns all the stock of the American steel-maker, other than a ¡°golden share¡± that gives the U.S. government a degree of control
A Nippon Steel facility in Kashima, Ibaraki prefecture on Dec. 6, 2024
BUSINESS / Companies
Jun 19, 2025
Nippon Steel closes acquisition of U.S. Steel to end 18-month saga
The controversial deal weathered two presidential administrations, union opposition, an expensive lobbying campaign and two U.S. security panel reviews.
U.S. President Donald Trump¡¯s reversal on the Nippon Steel deal creates a "win-win-win-win" situation benefiting both companies, the U.S. economy, and the Japan-U.S. alliance, but the golden share raises concerns about increased government control.
COMMENTARY / Japan
Jun 17, 2025
Nippon Steel deal signals a win for the U.S. economy and Japan alliance
Last week, Trump lifted the Biden block, saying that the acquisition could go forward if the two companies signed a national security agreement with the U.S. government.
Nippon Steel is buying United States Steel in a deal that gives the U.S. government a golden share in the U.S. steelmaker.
BUSINESS / Companies
Jun 16, 2025
Nippon Steel may have gotten the deal it wanted all along
The Japanese company has already committed to heavy investment in U.S. Steel and a U.S.-controlled board of directors at the American steelmaker.
U.S. government's "golden share" in U.S. Steel will require the company to obtain approval from the U.S. president before relocating its headquarters from Pittsburgh or changing its name, U.S. Commerce Secretary Howard Lutnick said Saturday.
BUSINESS / Companies
Jun 15, 2025
¡®Golden share¡¯ to help U.S. Steel keep name and prevent relocation
The move will also prevent Nippon Steel from transferring production or jobs outside the U.S. without consent of the U.S. president.
Japan scientists identify clusters of protein believed to trigger Alzheimer¡¯s disease
A team of researchers said they found a ¡°seed¡± that accelerates the amyloid beta accumulation process in the brain, naming it ¡°Peak 1 amyloid beta,¡± as seen in a mouse's brain.
Indian brothers make manga debut in Japan
Two Indian brothers made their manga debut in Japan with "Kung Fu Kung Fool" ¡ª an action-comedy series that follows the adventures of a notorious thief and a young boy.
Japan weighs regulating Pokemon cards amid trading mania
A Pokemon event is held in Jakarta on July 11
Low-income families in Japan cut food and air conditioning during summer break
Yumiko Watanabe, the chairperson of nonprofit Kidsdoor, explains the results of a survey in Tokyo's Chiyoda Ward on July 1.
Iran strikes on CIA facilities prompt questions about possible Russian role
Iranian drones are displayed in an undisclosed location in Iran, in this handout image obtained on Jan. 13, 2025.U.S. officials have acknowledged that Russia has ?provided targeting ?and other support for Iran in its drone strikes on U.S. targets in the Persian Gulf region.
The sci-fi sensibilities of electronic trio Black Boboi
Black Boboi was formed in 2018 when solo artists Julia Shortreed, Utena Kobayashi and Ermhoi came together under Kobayashi¡¯s newly founded label, Bindividual.
A perfect storm: Kaze Fujii fans flock to Fuji Rock
Okayama-born singer-songwriter Kaze Fujii has carved out a distinctive place in Japanese pop since his major-label debut in 2019.
Can Japanese comedy get laughs in English? Yoshimoto Kogyo lets the jokes rip
Wes-P has millions of followers and his viral clips made him recognizable out of Japan.
The 180-day locals: Life on Japan¡¯s digital nomad visa
Christopher Flinn works remotely from Tokyo earlier this month. Japan issued 646 digital nomad visas in 2025, but tourism officials are hoping to increase that figure in the coming years, with Japan's relatively cheap cost of living and the weak yen seen as potential draws for young professionals.
Japan reveals hint of new defense spending target in fiscal blueprint
The Self-Defense Forces' Type 16 mobile combat vehicle fires during a joint live-fire drill with U.S. Marines as part of the annual Resolute Dragon exercises in Yufu, Oita Prefecture, on June 28.

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