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US Steel Stock Falls 8% Amid Blocked Nippon Steel Takeover

US Steel shares plunged 8% following President Biden's decision to block Nippon Steel's $14.9 billion takeover attempt. Discover the impact on the steel industry.

A dramatic stock market chart with a red downward arrow, symbolizing the decline in US Steel's stock
US Steel Stock Falls 8% Amid Blocked Nippon Steel Takeover

US Steel stock dropped 8% as President Biden blocked Nippon Steel's $14.9 billion takeover bid.

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