NEW YORK -- Nippon Steel is set to ramp up investment in newly acquired U.S. Steel, which could help revitalize an ailing steel industry, though the tariffs providing a boost now may prove a double-edged sword in the long run.
Materials
Nippon Steel prepares to pour billions into tough U.S. Steel turnaround
Tariffs lift shipments but raise risk of future overproduction
Nippon Steel has announced new investment in U.S. Steel as a part of the acquisition deal. (U.S. Steel)
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