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President Donald Trump signed an executive order Friday formally approving the long-delayed merger between U.S. Steel and ...

The move will also prevent Nippon Steel from transferring production or jobs outside the U.S. without consent of the U.S.

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TOKYO] Nippon Steel on Saturday (Jun 14) touted a “historic partnership” with US Steel after US President Donald Trump approved a multi-billion-dollar merger. Read more at The Business Times.

The green light came through an executive order, which stipulated that the deal could proceed if the two companies reached an agreement with the US Treasury addressing national security concerns.

Nippon Steel yesterday touted a “historic partnership” with US Steel after President Donald Trump approved a ...