Nippon Steel Corp. and United States Steel Corp. are on pace to finalize their $14.1 billion combination with US President Donald Trump’s administration ahead of a deal deadline later this month, capping an 18-month saga to combine the steelmakers into the world’s second-largest producer.

US Steel (NYSE:X) and Nippon Steel (OTCPK:NISTF) (OTCPK:NPSCY) are on pace to finalize their $14B merger, as talks on the deal between the companies and the Trump administration are ongoing and expected to reach a conclusion before a June 18 deal deadline,

B investment, job security, and higher tariffs on imported steel — and the impact can reach Alabama. Here's the latest on the U.S. Steel, Nippon Steel acquisition deal © 2025 American City Business Journals.

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