X-UNITED STATES STEEL CORP

Nippon Steel Abandons $14.9 Billion Acquisition of U.S. Steel in Favor of Major Investment Amid Bipartisan Concerns Over Foreign Ownership

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Saturday

15 February, 2025

Nippon Steel's pivot from a $14.9 billion acquisition of U.S. Steel to a significant investment plan underscores the complex interplay of national security and foreign ownership concerns. With bipartisan support for keeping U.S. Steel domestically owned, can this new strategy provide the stability and growth the industry desperately needs?

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