Final Thoughts

At this point in the game I think what we can say about Nippon Steel’s proposed buy of Pittsburgh-based U.S. Steel is that it will go through, it won’t go through, or the outcome will be something new and completely unanticipated. Then again, I’m probably still missing a few options. Perhaps not entirely unexpected, suing the US government has been added to the expanding possibilities to this nearly $15-billion transaction first proposed nearly a year ago. And it seems the man behind that statement seldom issues idle threats.

“If this falls through without a legitimate reason or due process, we will naturally consider suing the US government.”
– Nippon Steel Chairman and CEO Eiji Hashimoto

final thoughts

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

Ethan Bernard

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