Editorial

15:12 JST, June 25, 2025

Can Nippon Steel Corp., once the world’s largest steelmaker, regain the top spot? The Japanese steelmaker will be tested as to whether it will be able to work out an investment strategy in U.S. steel giant United States Steel Corp. and promptly reorganize the management of the U.S. manufacturer.

Nippon Steel acquired all common shares of U.S. Steel for $14.1 billion (about ¥2 trillion), making the U.S. company a wholly owned subsidiary. Nippon Steel’s crude steel production will increase to 58 million tons a year, almost on par with Chinese company Ansteel Group Corp., the third largest producer worldwide.

Although there is a gap with the No. 1 producer, China’s Baoshan Iron & Steel Co., Nippon Steel is nearing the No. 2 spot currently held by Europe’s ArcelorMittal SA, which produces 65 million tons a year, and has the European firm........

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