JEREMY FLACK DISCUSSES THE NIPPON STEEL DEAL IN NIKKEI

In a recent Nikkei article, Jeremy Flack, CEO of Flack Global Metals, discussed the Nippon-U.S. Steel deal, stating, “Trump could be the broker in the deal.” Flack believes President-elect Trump may facilitate a win-win agreement for U.S. Steel shareholders, Japanese companies, and American steelworkers.

If the Nippon Steel acquisition fails, Cliffs may team up with Nucor to pursue it, potentially monopolizing the U.S. automotive steel market and raising antitrust concerns.