US Steel Corp.: The Stock Soars After Trump has Given the Green Light for the Takeover by Nippon Steel
Reading Time: 4 minutes
US Steel produces flat and tubular steel products among others for the automotive industry and the construction sector. The company has been in the spotlight of Wall Street due to a takeover by the Japanese competitor Nippon Steel for quite some time. A merger would create the third-largest steel producer in the world, according to the World Steel Association. One of the currently most interesting opportunities on the market is United States Steel (NYSE:X) . The main reason for this is that U.S. President Donald...
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