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US lawmakers voice opposition to Nippon’s proposed acquisition of US Steel

December 21, 2023 Comments Off

Several US lawmakers have voiced opposition to Nippon Steel’s proposed acquisition of US Steel, with some saying the deal should be blocked by the US government, according to statements issued this week. The proposed deal , made public Dec. 18, would see Japan’s largest steelmaker acquire all of US Steel’s steelmaking and iron ore assets in the US as well…