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Nippon Steel closes US Steel merger with national security agreement

By Wesley Brown ( June 18, 2025, 17:51 GMT | Insight) -- Nippon Steel and US Steel completed their billion merger agreement and entered into a national security agreement with the US Government, the companies announced today. The transaction includes $11 billion in new investments from Nippon Steel into US Steel by 2028, a golden share for the US Government, a promise that the US Steel board will have a majority of US citizens and that US Steel will remain headquartered in Pittsburgh, Pennsylvania, among more stipulations. Nippon Steel and US Steel completed their billion merger agreement and entered into a national security agreement with the US Government, the companies announced today....

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