Nippon Steel acquires U.S. Steel

David Najork · Founding Software Engineer

Announced Jan 20, 2026 · Updated Apr 29, 2026 · 1 min read

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Deal value

$14B

Target

U.S. Steel

Pittsburgh, Pennsylvania

Acquirer

Nippon Steel

Merger

Status

Pending

Nippon Steel agreed to acquire U.S. Steel. Reported deal value: $14B. Status: Pending. Sector: Steel. Target headquarters context: Pittsburgh, Pennsylvania, United States.

This page summarizes publicly available information about the transaction as of 2026-01-20. Figures and status may change as filings and press coverage update.

CEO David Burritt says U.S. Steel 'absolutely' still an American company after Nippon Steel acquisition By January 19, 2026 / 7:38 PM EST / CBS News Extended interview : U.S. Steel CEO David Burritt U.S. Steel acquisition last year by Japan Nippon Steel came with a notable condition to win approval from the Trump administration: a so-called ' golden share ' that gives President Trump the power to approve certain major corporate decisions, including closing plants or changing locations

Deal timeline

Announced

Jan 20, 2026 · cbsnews.com

Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.

Sector context

This transaction is classified in Steel with a reported deal value of $14B. Figures and status may change as sources update.

Sources: cbsnews.com · Primary article · FireStrike proprietary index