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US Steel, once a giant of the American economy, is being acquired by Nippon Steel for $15 billion. This deal marks the end of an era for US Steel, which has played a significant role in American history, from monopolies to war efforts. However, the deal's likelihood of happening is uncertain due to regulatory hurdles and union opposition. While the steel industry is no longer as dominant as it once was, it still holds importance in areas like construction and car manufacturing.