Global Trade Alert
Global Trade Alert

Japan: Development Bank of Japan provides hybrid finance for Nippon Steel Corporation's acquisition of United States Steel Corporation

Announcement

18 Sep 2025

In September 2025, the Development Bank of Japan provided hybrid finance to Nippon Steel Corporation to support its acquisition of United States Steel Corporation.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Sep 2025

Revocation date:

No revocation date

Updated: 23 Sep 2025
Financial assistance in foreign market In force

Recent update from 23 Sep 2025:

On 18 September 2025, the Development Bank of Japan (DBJ) announced that it had provided hybrid finance to Nippon Steel Corporation, a Japanese steel company, to support the acquisition of United S...

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