Nippon Steel Finalizes $15 Billion Takeover of US Steel

The American steelmaker’s shares have been delisted from the New York Stock Exchange.

President Donald Trump arrives to deliver a speech at the U.S. Steel Corporation—Irvin Works in West Mifflin, Pa., on May 30, 2025. Madalina Vasiliu/The Epoch Times

Nippon Steel and U.S. Steel announced on June 18 that they have finalized their nearly $15 billion acquisition deal. As a result, shares of the U.S. steel giant stopped trading on the New York Stock Exchange.

A notice confirmed that the New York Stock Exchange (NYSE) informed the Securities and Exchange Commission that the U.S. steelmaker’s shares would be delisted following the completion of Nippon Steel’s acquisition.