Nippon Steel finalizes $15B takeover of US Steel after sealing national security agreement

Nippon Steel finalizes $15B takeover of US Steel after sealing national security agreement

Nippon Steel and U.S. Steel say they've finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly $15 billion

President Donald Trump salutes as he boards Air Force One, Friday, May 30, 2025, at Joint Base Andrews, Md., as Col. Paul Pawluk, Vice Commander of the 89th Airlift Wing, watches at left. (AP Photo/Julia Demaree Nikhinson)