See Also: Japanese company to buy U.S. Steel: What does that mean for Alabama? "Since I was a kid, grew up in Bessemer lot of people that lived in Bessemer, worked in Fairfield, one of the biggest ...

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Nippon Steel has agreed to sell its stake in an Alabama mill in order to avoid potential antitrust snarls should its $14.1 billion attempted takeover of United States Steel prove successful.