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Nippon Steel-US Steel deal challenged by US consumers

( February 5, 2025, 19:17 GMT | Official Statement) -- MLex Summary: Steel consumers filed a US complaint seeking to prohibit US Steel’s acquisition by Nippon Steel. According to the complaint, the proposed deal threatens consumers consumers, not only because Nippon will increase the concentration in critical industries, but also because Nippon’s proposed acquisition is taking place at a time when the United States steel industry is undergoing a high level of consolidation.See attached file. ...

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