Nippon Steel 5401-0.41%decrease; red down pointing triangle said it agreed to sell its stake in a joint venture with ArcelorMittal MT-1.37%decrease; red down pointing triangle to the European ...

The buyout of Nippon Steel’s stake in the Calvert, Alabama, mill pertains to the Japanese company’s intended acquisition of U.S. Steel. The transaction is subject to NSC completing its pending ...

Nippon Steel said on Friday it will sell its entire 50 per cent stake in a joint-venture steel plant it has in Calvert, Alabama, with ArcelorMittal, if the top Japanese steel maker succeeds in a ...

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Nippon Steel plans to sell its stake in South Korean steel giant Posco as part of its drive toward asset efficiency. The Japanese company plans to sell 2.89 million Posco shares and timing of the ...

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ArcelorMittal, a leading steel and mining company, has agreed to acquire Nippon Steel Corporation's 50% equity interest in the AM/NS Calvert JV. The transaction involves a nominal consideration of ...

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Nippon Steel said Friday that shedding its stake in the Calvert joint venture was the best option to address any antitrust concerns that may arise and obtain timely regulatory approval. The companies ...

Nippon Steel said it agreed to sell its stake in a joint venture with ArcelorMittal to the European steelmaker in a bid to address antitrust concerns over its planned acquisition of U.S. Steel.