U.S. Steel company
Background
Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline, sources say
I saw the news that Nippon Steel wanted to buy U.S. Steel.
I felt something wrong about it.
Something wrong
Why could Nippon Steel bid for U.S. Steel?
There are many steel companies in the world, and there are a lot of companies for the bid.
The reason they didn’t bid for U.S. Steel is that there is clear risk, American minds.
So they didn’t touch the risk.
I saw another news in Yahoo Japan… (This news is written in Japanese language.)
https://news.yahoo.co.jp/articles/f561c66891d402f7ec4297f9bd9c9d7ce23585ff
The important point is Nippon Steel made decision as soon as possible.
Furthermore, Nippon Steel aims to buy a local(USA) steel company because cheap steel products are rejected by US protectionist trade.
Some points
I thought some points about the U.S. Steel bid news.
(1)Nippon Steel
Nippon Steel’s management team didn’t predict American mind rejected the bid.
Nippon Steel may pull the Joker in business game.
(2)FRENEMY
Japan business team may prefer the strategy “Become FRENEMY”.
FRENEMY = Enemy who pretend friend.
Nippon Steel wished to avoid US protectionist trade by to buy U.S. Steel.
They pretend a friend of USA, but may be enemy.
Conclusion
I don’t prefer Japan companies’ business ways.
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