Mr. Burritt is the president and chief executive of U.S. Steel. This is a pivotal moment for the future of American manufacturing. The United States must make the right decision. U.S. Steel agreed ...
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.
Nippon Steel’s $14.9 billion offer would not only keep the company above water, but it would also revitalize the American steel industry as we know it. Nippon Steel and U.S. Steel have already ...
including by revitalizing communities that rely on American steel, bolstering the American steel supply chain, and strengthening America’s domestic steel industry against the threat from China ...
President Biden had blocked the sale of the iconic American company to the Japanese firm on national security grounds earlier this month. U.S. Steel (X) shares are jumping in premarket trading ...
Both Biden and President-elect Donald Trump have courted unionized workers at US Steel and vowed to block the acquisition amid concerns about foreign ownership of a flagship American company.
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Sparks fly as a ladle of molten hot iron is poured into a vessel of scrap during the steel manufacturing process at the U.S ...
which said last week that the Japanese company’s takeover of US Steel would lead to a decline in American steel output, said the person who asked not to be named because the information is private.
The steelworkers union has said it doesn’t believe Nippon Steel would keep jobs at unionized plants, make good on collectively bargained benefits or protect American steel production from cheap ...