Nippon Steel says shares view with Washington that US Steel deal will boost US industry

Quick Summary:

TOKYO :Nippon Steel's president said on Monday that the Japanese steelmaker and the U.S.government share a mutual understanding that its planned acquisition of U.S.

Steel will strengthen the American steel industry and manufacturing sector".In my opinion, the U.S.

The filing is the clearest indication that Trump may allow the deal, scuttled by his predecessor Joe Biden, to proceed in some form.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Investment Japanese Japan Government Mutual President Tokyo Steel Nippon Steelmaker Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 14:02:37 (5 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 360 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 27272943

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