pelespirit@sh.itjust.works to World News@lemmy.worldEnglish · 9 months agoJapan's Nippon Steel to acquire U.S. Steel for $14.9 billionwww.reuters.comexternal-linkmessage-square16fedilinkarrow-up1147arrow-down12
arrow-up1145arrow-down1external-linkJapan's Nippon Steel to acquire U.S. Steel for $14.9 billionwww.reuters.compelespirit@sh.itjust.works to World News@lemmy.worldEnglish · 9 months agomessage-square16fedilink
minus-squareSeaJ@lemm.eelinkfedilinkEnglisharrow-up2·9 months agoNo. US Steel is not the largest steel producer in the US. The steel market itself is fairly competitive overall so there is not really any company that has price setting power.
No. US Steel is not the largest steel producer in the US. The steel market itself is fairly competitive overall so there is not really any company that has price setting power.