Is it still a US manufacturing revival if it’s built with steel from Japanese-owned factories?

United States Steel Corp. announced on Monday that it’s selling itself to Nippon Steel Corp., Japan’s largest steelmaker, for $55 a share in cash, or about $14.9 billion including the assumption of debt. The deal comes at a staggering premium and caps months of debate about the future of the iconic American company after Cleveland-Cliffs Inc. in August lobbed in an unsolicited cash-and-stock bid that valued US Steel at about $35 a share at the time. That debate likely isn’t over.

QOSHE - US Steel Sale to Nippon of Japan Will Test ‘Buy American’ - Brooke Sutherland
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US Steel Sale to Nippon of Japan Will Test ‘Buy American’

3 1
19.12.2023

Is it still a US manufacturing revival if it’s built with steel from Japanese-owned factories?

United States Steel Corp. announced........

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