Nippon Steel's Investment Could Revitalize U.S. Steel Industry

Via Metal Miner   Due to numerous obstacles, Nippon Steel’s $14.9 billion proposed acquisition of U.S. Steel has been on hold for nine months. The agreement is currently under investigation from all angles, with heavy resistance from steel industry labor unions and politicians. For manufacturers and procurement specialists involved in the metal supply chain, comprehending the details of this purchase is crucial.  Why is the Deal Facing Roadblocks? The main barrier to the accord is worries about national security. U.S. Steel provides…