Category: Industry and Trade
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Golden Shares and Cold Truths: What Nippon’s Takeover Means for American Steel
Despite saying all the right things in the media, Nippon Steel likely plans to shut down the older US Steel blast furnace plants—sooner than most in those communities would like. If this deal closes, which now seems inevitable, it’s only a matter of time before those outdated mills go offline. A lone worker watches as…