The U.S. national security panel has postponed its decision on Nippon Steel Corp (OTC:NPSCY) bid for United States Steel Corp (NYSE:X) until after the presidential election. What Happened: The Committee on Foreign Investment in the United States (CFIUS) will allow the companies to refile their application, delaying the decision. This move provides a glimmer of hope for the companies, whose deal faced potential blockage due to national security concerns, Reuters reported on Tuesday, citing people familiar with the matter. CFIUS raised alarms on Aug. 31, citing risks to the steel supply chain cr…
