In a blockbuster takeover, Nippon Steel has bought the iconic American producer United States Steel in a $14 billion deal. The combined company will have a global steel output of 86 million tons and is part of Nippon Steel’s program to achieve 100 million tons of global annual production.

* * *

Want to watch this podcast as a video? This Week in Engineering is available on engineering.com TV along with all of our other shows such as End of the Line, Designing the Future, Manufacturing the Future, and the Engineering Roundtable.