The merger of US Steel and Nippon Steel for $14.9 billion has finally been approved by Trump, and Goldman Sachs warns of industry restructuring.

According to the aiCIO app, on June 15, 2025, Morgan Stanley released a research report, conducting a thorough analysis on the merger of US Steel (X.US) and Nippon Steel of Japan. (Note: X.US refers to the stock symbol for US Steel in the US stock market.)