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President Trump on Friday cleared way for Nippon Steel purchase of U.S. Steel, including unusual control for the president.
Nippon Steel expects to book a loss of about $1.58 billion related to the sale of its stake in an Alabama-based joint venture to partner ArcelorMittal. The Japanese steelmaker said Thursday that it ...
His approval capped a tumultuous 18-month effort that survived union opposition and two national security reviews.
President Donald Trump has signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as ...