US Steel, once a symbol of America’s economic might, is now for sale in the bargain bin

A ladle of molten iron is poured into a Basic Oxygen Process (BOP) furnace at US Steel’s Granite City Works, where it will be transformed into liquid steel. New York CNN —

The days may be numbered for US Steel Corp., a one-time backbone of the nation’s economy.

Once US Steel was the most valuable company in the world. Now, it’s the subject of a bidding war among rivals offering a fraction of what the company was once worth.US Steel’s possible end underscores the shift in the nation’s economy away from manufacturing, a change that continues to have deep economic and […]

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By Donato