United States Steel - Trump Greenlights Partnership With Nippon Steel!
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Business drivers: United States Steel (X) is one of the leading steel manufacturers in the USA by a wide margin. The company is strongly positioned in both flat and pipe steel products, addressing key industries such as the automotive and construction sectors. Recently, United States Steel has been suffering from weak demand due to economic conditions. The Japanese competitor Nippon Steel is currently attempting to take over the US industry leader, although the $14.3 billion acquisition offer submitted at the end of 2023 was recently blocked by...
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