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Document 52024M11476

Prior notification of a concentration (Case M.11476 – NIPPON STEEL / UNITED STATES STEEL) – Candidate case for simplified procedure

PUB/2024/338

OJ C, C/2024/2716, 16.4.2024, ELI: http://data.europa.eu/eli/C/2024/2716/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

ELI: http://data.europa.eu/eli/C/2024/2716/oj

European flag

Official Journal
of the European Union

EN

C series

C/2024/2716

16.4.2024

Prior notification of a concentration

(Case M.11476 – NIPPON STEEL / UNITED STATES STEEL)

Candidate case for simplified procedure

(Text with EEA relevance)

(C/2024/2716)

1.   

On 9 April 2024, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

This notification concerns the following undertakings:

—

Nippon Steel Corporation (‘Nippon Steel’, Japan),

—

United States Steel Corporation (‘U.S. Steel’, USA).

Nippon Steel will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of U.S. Steel.

The concentration is accomplished by way of purchase of shares.

2.   

The business activities of the undertakings concerned are the following:

—

Nippon Steel is mainly active in the manufacture and sale of various steel products, such as steel plate and sheets, steel bars and sections, wire rods, steel pipes and tubes, as well as stainless steel products and titanium products globally,

—

U.S. Steel is mainly active in manufacturing and selling of steel products, as well as raw materials globally.

3.   

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

Pursuant to the Commission Notice on a simplified treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.   

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.11476 – NIPPON STEEL / UNITED STATES STEEL

Observations can be sent to the Commission by email or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

(1)   OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)   OJ C 160, 5.5.2023, p. 1.

ELI: http://data.europa.eu/eli/C/2024/2716/oj

ISSN 1977-091X (electronic edition)

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