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US Steel, Former Economic Powerhouse, Now on Auction Block

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Once the backbone of America’s economy, US Steel is now up for auction. 

Established in 1901 in Pittsburgh and valued at over a billion dollars, it was instrumental in shaping the US as a global economic leader. 

Its dominance even led to the inception of national antitrust laws. However, in recent times, the company has been overshadowed by other steel producers. 

Read more...

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Despite its profitability, it’s now being auctioned with bids under $9 billion.

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