Nippon Steel Corporation

5401

JP3381000003

Iron & Steel

Market Closed - Japan Exchange Other stock markets 01:30:00 2026-01-16 EST			5-day change	1st Jan Change
666.10 ^JPY	-1.03%		+3.18%	+3.79%

01-06	India's competition watchdog approves acquisition of Krosaki Harima Corp by Nippon Steel	RE
12-26	Japan Steel Group Doubts China Export License Will Lift Prices	MT

Nippon Steel Drops Lawsuit Against Leaders of Cleveland-Cliffs, Union

Published on 09/03/2025 at 04:35 pm EDT

Dow Jones

Nippon Steel Corporation

-1.03%

Cleveland-Cliffs Inc.

-2.10%

By Bob Tita

Nippon Steel said it has dropped a federal lawsuit accusing the leaders of Cleveland-Cliffs and the steelworkers' union of conspiring to scuttle its deal for US Steel.

The lawsuit against United Steelworkers President Dave McCall and Cleveland-Cliffs CEO Lourenco Goncalves was filed in January shortly after then-President Joe Biden blocked the $14 billion deal, citing national-security concerns.

The companies also sued Biden, alleging that election-year politics subverted the White House's national security review of the deal.

That case was dismissed after President Trump reversed Biden's block of the deal, which allowed the sale to be completed in June.

Nippon Steel said the union also withdrew an unfair labor practice charge filed against U.S. Steel.

Write to Bob Tita at robert.tita@wsj.com

(END) Dow Jones Newswires

09-03-25 1835ET

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	NIPPON STEEL CORPORATION	666.10JPY	-1.03%	+3.18%	22.03B
	CLEVELAND-CLIFFS INC.	14.00USD	-2.10%	+9.72%	9.03B

Latest news about Nippon Steel Corporation

01-06	India's competition watchdog approves acquisition of Krosaki Harima Corp by Nippon Steel	RE
12-26	Japan Steel Group Doubts China Export License Will Lift Prices	MT
12-25	China's export licences won't reduce excess steel exports, Japan lobby head says	RE
12-22	ArcelorMittal Expands Its Portfolio of Renewable Energy Projects	CI
12-17	Nippon Steel Charts Course for U.S. Steel with Efficiency Drive and Billions in Investment	MT
12-12	Nippon Steel aims for 100 million tons annual global crude steel capacity by mid-2030s	RE
12-12	Nippon Steel president: no plans to shut down blast furnaces in Japan under new medium-term plan through FY2030	RE
12-12	Nippon Steel Plans to Invest About $39 Billion Over Next Five Years	DJ
12-11	Thyssenkrupp Electrical Steel Faces 1,200 Job Losses Amid Cheap Asian Competition	RE
12-11	Thyssenkrupp to close electrical steel sites as Asian imports put additional 1,200 jobs at risk	RE
12-05	BHP Enters Steel-Making Industry Consortium for Study to Assess Asia Carbon Capture, Utilization, Storage Hubs	MT
12-04	US Steel to restart Granite City's blast furnace to support customer demand	RE
12-03	Mitsubishi Steel Affiliate Fire Halts Blast Furnace Hot Metal Supply	MT
12-02	Global markets live: Apple, Tesla, Nvidia, Netflix, Shopify…
12-01	Nippon Steel to Shortlist Potential Sites for Planned U.S. Steel Plant by Mid-2026	MT
12-01	Nippon Steel sees US Steel weak performance as temporary, executive says	RE
12-01	Nippon Steel sees US Steel weak performance as temporary, executive says	RE
12-01	Nippon Steel sees US Steel weak performance as temporary, executive says	RE
11-30	Nippon Steel halts furnace operations in Muroran plant in Japan due to fire, investigates damage to facilities, Jiji reports	RE
11-26	Japan manufacturers' union to target $77 monthly base pay hike next year	RE
11-26	Nippon Steel Corporation Announces Notice of Conclusion of Joint Venture Agreement Concerning the Establishment of A Joint Venture	CI
11-24	Trump administration appoints government director for US Steel	RE
11-18	Modi ally and political scion fuels investment boom in southern Indian state	RE
11-06	Japan's Nikkei rises more than 1% as Wall Street rebound restores risk appetite	RE
11-05	Nakayama Steel Works, Ltd. Announces Establishment of A Joint Venture with Nippon Steel Corporation	CI

Chart Nippon Steel Corporation

Duration

Period

5401: Dynamic Chart

Company Profile

Nippon Steel Corp is a Japan-based company mainly engaged in the steel manufacturing business, engineering business, chemical & material business and system solution business. The Company operates through four business segments. The Steel Manufacturing segment is engaged in the manufacture and sale of steel products. The Engineering segment is engaged in the manufacture and sale of industrial machinery and equipment, steel structures, contracting of construction work, waste treatment and reclamation, and supply of electricity, gas, heat. The Chemical and Materials segment manufactures and sells coal chemical products, petrochemical products, electronic materials, semiconductor and electronic component materials and components, carbon fiber and composite materials, and fabricated metal products. The System Solution segment provides engineering and consulting services related to computer systems, outsourcing services using information technology, and various other services.

Employees

113,845

Sector

Iron & Steel

Calendar

02-04 - Q3 2025 Earnings Release

More about the company