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Nippon closes US Steel deal

Acquisition finalised after almost two years

Isabeau van Halm
US president Donald Trump visits an US Steel plant in Pennsylvania on May 30, 2025.

US president Donald Trump visits an US Steel plant in Pennsylvania on May 30, 2025. | Credits: Official White House photo by Daniel Torok

Nearly two years after a bidding war on US Steel started, Nippon Steel closed its acquisition of the American steelmaker on Wednesday. As a condition of finalising the deal, Nippon entered into a ‘national...

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