Rising steel demand and expected outages at other mills owned by the company will enable expanded use of the Granite City Works in southern Illinois.
President Donald Trump holds a golden share in U.S. Steel that allows him to veto key business decisions under a deal struck with Japan's Nippon. Trump can also appoint a representative to wield those authorities.
The intervention marked Trump's first use of so-called "golden share" rights, a condition of the $14.1 billion takeover cleared in June.
| - Industry | - Sector | Mr. Eiji Hashimoto CEO | OTC PINK Exchange | JP3381000003 ISIN |
| JP Country | 113,639 Employees | 31 Mar 2026 Last Dividend | 29 Sep 2025 Last Split | - IPO Date |
Nippon Steel Corporation, a pinnacle in the steelmaking and steel fabrication industry, extends its expertise globally, heralding from Japan. The company, with a rich heritage dating back to its incorporation in 1950, has evolved into a conglomerate with multifaceted operations that span engineering and construction, chemicals and materials, and system solutions. Initially known as Nippon Steel & Sumitomo Metal Corporation, it adopted its current name in April 2019, signifying a new era in its storied history. Nippon Steel stands as a behemoth headquartered in Tokyo, Japan, embodying innovation, sustainability, and excellence across all its endeavors.
Nippon Steel produces a diverse array of steel products, including plates, sheets, and slags, along with bar and rod materials. These products find applications in critical sectors such as automotive, energy, and infrastructure. The company also specializes in structural steel, showcasing its capability to support large-scale construction and engineering projects.
The company's offerings include high-quality pipes and tubes, pivotal for the energy sector, among others. These products are engineered to meet stringent quality standards, ensuring reliability and performance in various applications.
Nippon Steel also produces titanium and stainless products, along with parts for railway, automotive, and machinery applications. This segment emphasizes the company's focus on specialized markets, delivering tailor-made solutions that cater to specific industry needs.
Beyond steel manufacturing, Nippon Steel is actively involved in the construction sector, offering engineering and construction services. This division leverages the company's in-depth knowledge of materials and infrastructure development, encompassing everything from design to project execution.
Addressing the global call for sustainability, Nippon Steel engages in waste processing and recycling. The company's initiatives in this area underscore its commitment to environmental stewardship and circular economy principles.
The company also expands its footprint into utility services, including the supply of electricity, gas, and heat. These operations underline Nippon Steel's role in supporting industrial and residential development with essential services.
Part of Nippon Steel’s diversified portfolio includes coal-based chemical products, petrochemicals, and materials for semiconductors and electronic parts. The company also produces carbon fiber and composite products, highlighting its innovative approach to material science.
Nippon Steel offers computer systems engineering, consulting, IT-enabled outsourcing, and other services. These offerings point to the company's vision of integrating technological advancements with its core operations, aiming to deliver cutting-edge solutions across sectors.