Final Thoughts
November 6, 2025
Final Thoughts: Nippon makes good on USS capex promises
Written by Laura Miller
Nippon Steel made some big investment promises throughout the lengthy and drawn-out process of acquiring – ahem, partnering with – U.S. Steel. Courting the approval of the United Steelworkers and lawmakers in a heavy presidential election year proved more difficult than anticipated.
Some thought Nippon’s promises were hollow. For others, it was much easier to trust the words of a Japanese business than, say, the US government.
