Intersection: Everything That Moves

Intersection: Everything That Moves

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Intersection: Everything That Moves
Intersection: Everything That Moves
A Japanese Conglomerate Buys A Famous U.S. Name

A Japanese Conglomerate Buys A Famous U.S. Name

How the world has changed for Pittsburgh - and Detroit

Micheline Maynard's avatar
Micheline Maynard
Dec 21, 2023
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Intersection: Everything That Moves
Intersection: Everything That Moves
A Japanese Conglomerate Buys A Famous U.S. Name
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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…

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