Japan

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coalnewbie
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Post by coalnewbie » Tue. Apr. 26, 2022 8:46 pm

,,,,, is about to collapse .... who cares ... you do

 
waytomany?s
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Post by waytomany?s » Wed. Apr. 27, 2022 8:47 pm

Ok, I'll bite. Why?

 
KingCoal
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Post by KingCoal » Fri. Dec. 22, 2023 7:10 pm

Interestingly,
Nippon Steel has recently offered 14.9B for full control of US Steel of PA.
If their country is in trouble it must be at a glacial pace
And/ or their financial elites are not sharing the same problems
.02

 
waytomany?s
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Post by waytomany?s » Fri. Dec. 22, 2023 7:12 pm

KingCoal wrote:
Fri. Dec. 22, 2023 7:10 pm
Interestingly,
Nippon Steel has recently offered 14.9B for full control of US Steel of PA.
If their country is in trouble it must be at a glacial pace
And/ or their financial elites are not sharing the same problems
.02
I thought I saw a headline that a Chinese company bought it?


 
KingCoal
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Post by KingCoal » Fri. Dec. 22, 2023 8:01 pm

Check Reuters or your favorite source it’s got significant saturation

 
waytomany?s
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Post by waytomany?s » Fri. Dec. 22, 2023 8:38 pm

Definitely was Nippon. But no consensus on purchase price. 14.1, 14.9, 15 billion.

 
KingCoal
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Post by KingCoal » Sat. Dec. 23, 2023 6:13 pm

Seems to me the Who and how much is kind of beside the point
The foreseeable negatives of any foreign entity owning and controlling the output of that particular industry flagship is very concerning to say the least
I would not expect that facility to be administrated or even manned by Americans from here on out for starters

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