President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing national security reasons.
US Steel (NYSE:X) shares settled -6.5% while ADRs of Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF) ended -0.8% on Friday after President Biden officially blocked the proposed merger of the two steel ...
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