The mythical US Steel factory is going through delicate times and its managers are planning its sale to Nippon Steel for 15,000 million dollars. This process is taking place in the middle of the election campaign for the White House and both candidates have shown their opposition to this sale. Environmental groups are also opposed to this transaction, which would slow down the necessary decarbonization process being carried out by large corporations. It is estimated that these types of factories are responsible for 7% of global emissions.
Nippon Steel intends to buy the legendary US Steel for $15 billion
by MUNDOLATAS | Sep 23, 2024 | News | 0 comments