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Nippon Steel has proposed to acquire 11MnNi5-3 steel United States Steel for $15 billion and plans to invest billions of dollars in the United States to enhance its operational capabilities. This acquisition plan has caused strong reactions domestically in the United States. Biden previously expressed opposition to the acquisition of US steel, and US President elect Trump also expressed opposition during the campaign. The affirmative opinion believes that Nippon Steel's investment will enhance US steel manufacturing capabilities, 11MnNi5-3 steel helping US Steel become one of the most competitive steel companies in the world. However, if no deal is ultimately reached, US Steel will push up steel prices in the future to increase profitability. At present, the benchmark price of steel is about $700/ton, far below the average of $1000/ton in 2023 and $1100/ton in 2022. Since the beginning of this year, the stock price of US steel companies has fallen by about 36%. Currently, the Committee on Foreign Investment in the United States (CFIUS) under the US Treasury Department has failed to make a clear conclusion on whether the transaction poses a threat to national security and has handed the decision-making power to President Biden, who will make a decision within 15 days 11MnNi5-3 steel .