Government/Policy

June 21, 2025
Price: Is It Nippon Steel USA or a partnership? And what does that mean for imports?
Written by Alan Price
At the beginning of a steel conference last week in New York, Cleveland-Cliffs Chairman, President, and CEO Lourenco Goncalves referred to the newly acquired U.S. Steel by a completely new name: Nippon Steel USA.
At the end of the same conference, David Burritt proudly claimed that U.S. Steel was a partnership. So, which is it: a partnership or a takeover branded as a partnership? We now have enough information to let everyone reach their own conclusion.

