Business, National, Politics

Nippon, U.S. Steel Finalize Takeover Plans

Deal will give federal government a seat on company’s board

By Jason Togyer
The Tube City Almanac
June 18, 2025

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UPDATED: Adds comments from Allegheny County Executive Sara Innamorato

Japan-based Nippon Steel and Pittsburgh’s U.S. Steel announced Wednesday morning that they have agreed to a deal that will preserve the company’s headquarters in Pittsburgh and commit to $11 billion of investment in American steel-making and mining facilities.

The almost $15 billion deal also gives the…

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