Nippon Steel surges in Japan after Trump allows US Steel deal to move ahead

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large bowl of molten metal at a steel mill. Steel production.

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Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF) shares jump ~5% in Tokyo trading early Monday, making it the biggest gainer on the Nikkei 225 index, after President Trump awarded conditional approval for the company's $14B bid for US Steel (

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