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(Bloomberg) Steel traders, automotive customers and even United States Steel Corp. workers are hailing the iconic American company’s decision to sell to a Japanese rival. That has left the steel industry wondering why politicians in Washington are eager to cast doubt on the $14.1 billion deal.Most Read from BloombergIraq Says 16 Killed in US Strikes, Calls Security Risk GraveMeta’s $197 Billion Surge Is Biggest in Stock-Market HistoryUS Hits Iran’s Militias in Syria, Iraq, Raising Escalation
From Bloomberg: Florida became home to two of the largest U.S. industry conferences over a two-week period, where hundreds including the CEO of Cleveland-Cliffs converged to discuss the outlook for steel and aluminum demand. The general mood: Don't expect record growth witnessed the last couple years, but know that demand is normalizing to pre-pandemic levels.