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American steel buyers hail Nippon deal that scares Washington - Vimarsana News

American steel buyers hail Nippon deal that scares Washington

(Bloomberg) -- Steel traders, automotive customers and even United States Steel Corp. workers are hailing the iconic American company’s decision to sell to a Japanese rival. That has left the steel industry wondering why politicians in Washington are eager to cast doubt on the $14.1 billion deal.Most Read from BloombergIraq Says 16 Killed in US Strikes, Calls Security Risk GraveMeta’s $197 Billion Surge Is Biggest in Stock-Market HistoryUS Hits Iran’s Militias in Syria, Iraq, Raising Escalation

Source: yahoo.com