A Japanese Conglomerate Buys A Famous U.S. Name
How the world has changed for Pittsburgh - and Detroit
I spotted the headline from Automotive News when I was scrolling through Instagram Stories.
Japan's Nippon Steel agreed to buy U.S. Steel for $14.9 billion in cash. It beat three rivals, Cleveland- Cliffs, ArcelorMittal and Nucor, in an auction for the 122-year-old company.
U.S. Steel is older than all three Detroit carmakers. It came to life in 1901, fou…