By Finance Pulse in Transformative —

U.S. Steel Shares Drop 8.2% After Biden Blocks Nippon Deal

U.S. Steel's stock plummeted 8.2% following President Biden's decision to block Nippon Steel's $14.9 billion acquisition bid. Explore the impact on the steel industry.

An artistic illustration of a steel plant with a dramatic sky, symbolizing market turbulence. The U.
U.S. Steel Shares Drop 8.2% After Biden Blocks Nippon Deal

U.S. Steel's stock fell by 8.2% after President Biden blocked Nippon Steel's $14.9 billion acquisition proposal.

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