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Nippon Steel considering 'bold' revision to US Steel buyout, government spokesperson says

  • Nippon Steel Corp. Will not acquire a majority stake in United States Steel Corp., as stated by President Donald Trump on February 9, 2025.
  • A senior Nippon Steel official claimed they were unaware of Trump's comments regarding the majority stake.
  • Trump announced that Nippon Steel's $14.9 billion bid would be an investment rather than a purchase, and he plans to meet with Nippon Steel's executives.
  • The bid has faced opposition from both Trump and former President Joe Biden, who cited national security concerns.
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熊本日日新聞社 broke the news in on Sunday, February 9, 2025.
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