NEWS RELEASE
Nippon Steel Corporation Dismisses Litigation Against Former President Biden and CFIUS
Jul. 01, 2025
Nippon Steel Corporation
Tokyo – July 1, 2025 – Nippon Steel Corporation (TSE: 5401), together with its wholly owned subsidiary Nippon Steel North America, Inc. (the “Company” or “Nippon Steel”), today announced that its litigation in the United States Court of Appeals for the District of Columbia Circuit against Former President Biden and the Committee on Foreign Investment in the United States (“CFIUS”) has been voluntarily dismissed following a joint stipulation filed by Nippon Steel, United States Steel Corporation (“U. S. Steel”), and the United States Department of Justice. The decision to voluntarily dismiss the litigation comes after the Company finalized its partnership with U. S. Steel on June 18, 2025, subsequent to President Trump’s executive order confirming its approval on June 13, 2025.
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