I was hoping we would get some sort of definite decision on this deal, but that seems like it won’t happen anytime soon… Now that the life of US Steel and their potential acquisition is still hanging in the balance, what does that mean for steel buyers or decision makers? Will they continue to sit on their hands and wait for the next administration to come in, or are they freed up to make decisions?
I’m leaning towards the former… what are your thoughts?
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Why is Nippon willing to pay so much for US Steel?