Nippon Steel: Negotiations with the U.S. government on acquisition of U.S. steel are still ongoing

Nippon Steel is currently in talks with the U.S. government to complete its acquisition of U.S. Steel. The deal is intended to enhance the competitiveness of the U.S. steel industry and promote technological innovation.

Although the negotiations face political interference and resistance from national security, the two sides are working hard to reach a consensus, especially on equity acquisition and capital expenditure conditions. The president of Nippon Steel said the deal could have a positive impact on the U.S. steel industry.