National Steel Company shares rise 1.99% intraday after Nippon Steel's $5.6 billion loan announcement for U.S. Steel acquisition.

Thursday, Jul 3, 2025 12:44 pm ET1min read
National Steel Company rose 1.99% in intraday trading, with the company's recent acquisition of U.S. Steel by Nippon Steel being a significant factor. Nippon Steel plans to raise up to $5.6 billion in subordinated loans to strengthen its balance sheet following the acquisition, which is seen as a strategic move to enhance U.S. Steel's capabilities and foster industrial cooperation between Japan and the United States.

National Steel Company shares rise 1.99% intraday after Nippon Steel's $5.6 billion loan announcement for U.S. Steel acquisition.

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