Gary Indiana Mayor Eddie Melton ... it threatened the long-term security of our members," said United Steelworkers ...
President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana ... in ...
The Associated Press - Business News on MSN12d
US Steel workers see uncertainty after Biden blocks Nippon takeover
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law'' and ...
Analysts say the decision to nix the deal could harm US Steel’s prospects and put the jobs of workers at risk.
Gary Mayor Eddie Melton says Nippon executives from Japan promised a $1 billion investment in the Gary U.S. Steel plant pending the merger. However, union leaders support President Biden's decision to ...
U.S. Steel deal "will be a disaster for Pennsylvania," said Gordon Johnson, who follows US Steel stock on Wall Street as ...