Foreign companies often buy up competitors only to shut them down. The Koreans are most likely interested in acquiring the customers and markets that US steel currently serves, not the production facilities. You're obviously an economic naïf, a business moron.
$14 billion to shut it down? LOL
And its a Japanese company, not Korean. Get that right at least.
They will be supplying the auto industry for decades to come. What a fucking moron you are.