Nippon Steel acquires U.S. Steel
Nippon Steel agreed to acquire U.S. Steel. Reported deal value: $14.9B. Status: Completed. Sector: Steel Manufacturing. Target headquarters context: Pittsburgh, Pennsylvania, United States.
This page summarizes publicly available information about the transaction as of 2026-03-12. Figures and status may change as filings and press coverage update.
When U.S. Steel CEO entered the Oval Office in February 2025, one of the first things President Donald Trump told him was that his predecessor, Joe Biden, had copied him, as he was against Japan -based Nippon Steel Corp . acquisition to buy the Pittsburgh metal manufacturer first
Deal timeline
This transaction is classified in Steel Manufacturing with a reported deal value of $14.9B. Figures and status may change as sources update.