John C. Tumazos thinks unions and Pennsylvania politicians have gotten the U.S. Steel sale all wrong. The Wilkinsburg-bred metals industry analyst said Nippon Steel’s $14.9 billion acquisition of the Pittsburgh-based steel icon will not trigger mass layoffs in southwestern Pennsylvania or encourage new owners to idle mills. Instead, the new
WASHINGTON: Brian Deese, a key player in President Joe Biden’s 2024 re-election bid, said on Wednesday (Dec 20) that Nippon Steel’s proposed purchase .
WASHINGTON : Brian Deese, a key player in President Joe Biden's 2024 re-election bid, said on Wednesday that Nippon Steel's proposed purchase of U.S. Steel was concerning and that the administration should look closely at it.Several Democratic and Republican U.S. senators have criticized the deal this wee
United States Steel Corp. is proactively seeking a foreign investment review from President Joe Biden s administration as a condition of its sale to Japan s Nippon Steel Corp, a move designed to quiet critics of the deal.
United States Steel Corp. is proactively seeking a foreign investment review from President Joe Biden s administration as a condition of its sale to Japan s Nippon Steel Corp, a move designed to quiet critics of the deal.