Biden to block U.S. Steel’s sale to Japan’s Nippon – reports (NYSE:X)

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large bowl of molten metal at a steel mill. Steel production.

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Having a 123-year-old iconic American steel giant be taken over by a Japanese producer has not gone well in the US of A. Multiple reports suggest that President Biden will block Nippon Steel’s (OTCPK:NPSCY) $14.9B deal for U.S. Steel (


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