Nippon Steel
Coverage of Nippon Steel in the Nexus archive.
- Nippon Steel takeover doesn’t mean safer, cleaner conditions, US workers and residents say
Pennsylvania families in the Mon Valley report that promised investments by Nippon Steel following the US Steel takeover have not improved safety or environmental conditions. Timothy Quinn and Steven Menefee were killed in an explosion at the Clairton Coke Works, a US Steel plant, highlighting ongoing safety concerns.
- Nippon Steel takeover doesn’t mean safer, cleaner conditions, US workers and residents say
The Nippon Steel takeover of US Steel has not delivered promised improvements in safety or environmental conditions at the Clairton Coke Works plant in Pennsylvania. A 2022 explosion at the facility killed two workers, highlighting ongoing concerns about safety and pollution.
- A year after US Steel was sold, communities push for clean investment
A year after Japan’s Nippon Steel acquired U.S. Steel, the $14 billion investment in the American steel industry remains controversial and politicized. Residents in historic steel communities, such as northwest Indiana, are pushing for clean investment despite the deal's contentious nature.
- U.S. Steel is planning to pour up to $2.5 billion into its Pittsburgh-area mills
U.S. Steel plans to invest up to $2.5 billion in its Pittsburgh-area mills, backed by new owner Nippon Steel. The investment will preserve approximately 3,000 jobs and replace an 87-year-old hot strip mill near Pittsburgh.
- When the President Takes a Cut
The article details how President Donald Trump has used government power to take equity stakes in companies across industries, including quantum computing, steel, and semiconductors, in exchange for government funding. Examples include the Commerce Department's $2 billion investment in quantum-computing companies, conditions on Nippon Steel's acquisition of U.S. Steel, and Intel's 10% stake given to the government for grants. The practice is criticized as fostering crony capitalism, contrasting with past crisis-era interventions where government shares were later sold.
- Can Nippon Steel beat its own forecast on U.S. Steel comeback?
The article questions whether Nippon Steel can exceed its own forecast regarding the recovery of U.S. Steel. The focus is on the potential performance and financial projections of the companies involved.