Trump approves US Steel Nippon merger after companies sign national security agreement

Published June 13, 2025 11:03pm ET



President Donald Trump, in an executive order Friday, approved U.S. Steel’s merger with Japan’s Nippon Steel.

The merger’s approval came after the two companies signed a national security agreement with the U.S. government. The deal says Nippon will make $11 billion in new investments by 2028, which includes initial spending on a greenfield project that will be completed after 2028.

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