Nippon Steel acquires U.S. Steel

Nippon Steel agreed to acquire U.S. Steel. Reported deal value: $14.1B. Status: Pending. Sector: Steel. Target headquarters context: Pittsburgh, Pennsylvania, United States.

This page summarizes publicly available information about the transaction as of 2026-03-19. Figures and status may change as filings and press coverage update.

Nippon Steel has secured approximately JPY900bn, equivalent toabout $5.6bn, in co- financing led by the Japan Bank forInternational Cooperation alongside a group of major Japan eselenders, as it finalises long-term funding for its acquisition ofUnited States Steel .According to a company press release, the financing package,which also involves MUFG Bank , Sumitomo Mitsui Bank ing Corporation,Mizuho Bank and Sumitomo Mitsui Trust Bank , will be used to repay abridge loan that supported the share purchase linked to thetransaction between Nippon Steel US subsidiary and US Steel .The company sa...