The all-cash acquisition of Pittsburgh-based U.S. Steel by Nippon Steel sent stock soaring over 27% before the opening bell Monday.
  • Devdogg@lemmy.ml
    4·
    1 year ago

    So I live in a city that has a huge US Steel cleanup project going on. Who takes over this project? I know the Japanese should but will they? US Steel fought for a long time against this cleanup and they lost in court; who’s to say the Japanese won’t do the same thing??

  • PatFusty@lemm.ee
    25·
    1 year ago

    I dont want China making steel for the US. Im sure a sitting president would stop this acquisition.

    Edit: article confused me