Nippon Steel Eyes $15 Billion US Steel Acquisition Amid Uncertainty
Japan’s largest steelmaker, Nippon Steel, is pursuing a $15 billion bid to acquire US Steel in an effort to boost overseas demand and mitigate declining domestic sales due to Japan’s aging population. The proposed deal, which remains opposed by President-elect Donald Trump, President Joe Biden, and American steelworkers, would see US Steel maintain its operations … Read more