President Trump approves $14.9 billion partnership between US Steel and Nippon Steel

From Yahoo Finance: 2025-06-17 11:23:00

United States Steel Corporation (NYSE:X) is among the 10 Hot Large Cap Stocks to Buy Now. President Trump approved a $14.9 billion partnership between X and Nippon Steel, expected to create and protect over 100,000 jobs. The companies entered a National Security Agreement with the US government, committing to $11 billion in new investments by 2028.

The partnership has completed all required regulatory approvals, including a US Department of Justice review. United States Steel Corporation (NYSE:X) is ranked fifth on the list of best hot large cap stocks. The company operates through segments like Flat-Rolled Products and Tubular Products, offering investment opportunities.

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Read more at Yahoo Finance: President Trump Approves $14.9 Billion Historic Partnership between United States Steel (NYSE:X) and Nippon Steel