US Steel Shares Plummet 8% After Biden Blocks Nippon Takeover

US Steel's stock declines 8% as President Biden halts Nippon Steel's $14.9B acquisition. Explore the impact on the steel industry and future prospects.

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US Steel Shares Plummet 8% After Biden Blocks Nippon Takeover

US Steel's stock dropped 8% following President Joe Biden's decision to block Nippon Steel's $14.9 billion takeover of the company.

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