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December 10, 2001 | From Reuters
USX-U.S. Steel Corp. is in talks to buy rival Japanese steelmaker NKK Corp.'s National Steel Corp., the two companies said Sunday, as the U.S. industry fights to survive what it terms an onslaught of cheap imported steel. Pittsburgh-based U.S. Steel and rival domestic steelmaker Bethlehem Steel Corp., issued a proposal Dec. 4, calling for consolidation within the struggling U.S. steel industry and help from the U.S. government.
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BUSINESS
December 10, 2001 | From Reuters
USX-U.S. Steel Corp. is in talks to buy rival Japanese steelmaker NKK Corp.'s National Steel Corp., the two companies said Sunday, as the U.S. industry fights to survive what it terms an onslaught of cheap imported steel. Pittsburgh-based U.S. Steel and rival domestic steelmaker Bethlehem Steel Corp., issued a proposal Dec. 4, calling for consolidation within the struggling U.S. steel industry and help from the U.S. government.
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