Nippon Steel shares languish as investors wait on U.S. Steel decision

Japan company's growth outlook becomes bigger issue in year since plan announced

20241219 Nippon steel

The odds of Nippon Steel completing the acquisition of U.S. Steel are narrowing. (Photo by Mayumi Tsumita)

SAYUMI TAKE, Nikkei staff writer

TOKYO -- Nippon Steel's share price decline over the past year reflects investor doubts not only about the chances of the proposed U.S. Steel acquisition, but also about the uncertainty of the company's growth strategy.

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