The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a ...
including a $1 billion commitment in Gary, Indiana, and to invest in other communities where it manufactures steel. Nippon Steel also agreed to pay $5,000 bonuses to all U.S. Steel employees and ...
But that isn’t possible if we want U.S. Steel to remain in Pittsburgh; Gary, Indiana; and Birmingham, Alabama, and for steelworkers to keep their jobs. There is no better alternative.
In December 2023, Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal ... over 4,000 union jobs in Pennsylvania and Indiana. Then politics interceded.
"This report quantifies just how devastating and far-reaching the consequences are." Steel mills prompt close review by EPA ...
United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a ...
Nippon Steel had promised to invest $2.7 billion in U.S. Steel's aging blast furnace operations in Gary and Pennsylvania's Mon Valley, and had said it is best positioned to help the U.S. compete ...
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the ...
Steel mills in the Great Lakes region, clustered mainly along the south shore of Lake Michigan in Northwest Indiana ... Iron and Steel Institute. U.S. steel mills have run at a capacity ...
WASHINGTON, Jan 11 (Reuters) - The Biden administration delayed until June an order for Nippon Steel (5401.T), opens new tab to abandon its $14.9 billion bid for U.S. Steel (X.N), opens new tab ...
Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America ...
He had been a director since 2020. United States Steel Corp. is losing one of the members of its board of directors. Jeh C. Johnson, U.S. Homeland Security secretary from 2013 to 2017 in the Obama ...