Tag: $Nippon Steel

Shareholders warn Nippon Steel faces higher decarbonisation costs with U.S. Steel takeover

Nippon Steel’s proposed acquisition of U.S. Steel risks raising decarbonisation costs for Japan’s top steelmaker, an activist shareholder group said, urging the company to address the takeover’s impact on its climate goals.

Japan’s Nippon Steel to buy U.S. Steel in $14.9 billion deal

Japan’s Nippon Steel  said on Monday it would buy U.S. Steel in a deal valued at $14.9 billion, helping it add significant capacity in a key market that is primed for a price hike.