Nippon Steel sees path toward U.S. Steel deal after November election

Management expects political climate to be calmer following presidential race

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Nippon Steel’s vice chairman visited U.S. Steel plants in Pennsylvania and elsewhere this year to meet with employees. © AP via Kyodo

YUJI OHIRA and TAKURO HOSODA, Nikkei staff writers

TOKYO -- When Nippon Steel held a shareholders meeting Friday, senior management was peppered with questions from shareholders, concerned about the fate of the $14 billion deal to acquire U.S. Steel.

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