Global Trade Alert
Global Trade Alert

Japan: JBIC announces a USD 3.7 billion loan agreement with Nippon Steel Corporation

Announcement

10 Mar 2026

In March 2026, the Japan Bank for International Cooperation (JBIC) announced a loan agreement for Nippon Steel Corporation to finance its acquisition of shares in its US subsidiary, United States Steel Corporation

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Mar 2026

Revocation date:

No revocation date

Announced: 10 Mar 2026
Financial assistance in foreign market In force

Recent update from 20 Mar 2026:

On 10 March 2026, the Japan Bank for International Cooperation (JBIC) signed a USD 3.7 billion loan agreement with Nippon Steel Corporation. The measure provides the funds necessary for Nippon Stee...

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