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,

Gary Mayor Eddie Melton has been supportive of a deal between Nippon and U.S. Steel for months, citing how it would benefit Gary Works. In August, it was announced that Nippon Steel would invest $300 million into the local facility. A Nippon executive later said the company would invest $1 billion into Gary Works.

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.