Nippon Steel Acquires U.S. Steel After Prolonged Battle

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) trended sideways, with a 1.37% increase from June to July. With a few exceptions, steel prices remained largely steady as long-awaited trade deals with the U.S. began to materialize. Nippon Officially Acquires U.S. Steel After an arduous 18-month process, Nippon Steel officially acquired U.S. Steel. Initially blocked by former President Biden in January 2025, President Trump revived the deal, calling for a new review after months of lobbying efforts. As a result, the previous board stepped…