HomeMarketsU.S. EconomyNippon Steel/U.S. Steel (X) Deal Has ‘No Downsides’
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Nippon Steel/U.S. Steel (X) Deal Has ‘No Downsides’

Nippon Steel/U.S. Steel (X) Deal Has ‘No Downsides’

Jeremy Flack covers the jeopardized Nippon Steel/U.S. Steel (X) deal and the steel industry outlook. He’s “constructive” on the deal and sees “no downsides.” He describes the “knock-on” effects of the deal falling through, which he thinks would be due to political pressures rather than good business decisions. All in all, though, he thinks we have a “healthy” steel industry in the U.S.

Morning Trade Live

24 Dec 2024

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