Nippon-U.S. Steel Deal Will Be Great For Investors

BildWerk There’s an old saying that while it’s the early bird that catches the worm, it’s the second mouse who gets the cheese. That seems to be the case for the proposed acquisition of U.S. Steel by Tokyo-based Nippon Steel, which in December announced its plan to acquire the Pittsburgh-based company for $14.1 billion. Nippon Steel is the largest steel producer in Japan and the fourth-largest in the world. Nippon’s annual production is 44.37 million tons, while U.S. Steel’s is 14.49, according to the W ...