Nippon Steel: Still expects to complete the acquisition of US Steel (X.US) by the end of the year

Nippon Steel said it still expects to complete the acquisition of US Steel (X.US) by the end of this year, with its vice-chairman Takahiro Mori saying on Thursday: “With the US election over, we believe we can have constructive discussions on the deal.” He said he hoped to visit the US this month and meet union leaders. However, the election victory of Trump, who has opposed the deal, has made the prospects of the deal more uncertain.