To see the emptiness of Biden's attempt to project U.S. Steel's past glory into the present, look no further than Gary's namesake city, Gary, Indiana. Gary was quite literally founded on steel ...
Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal that would bring much needed capital investment to help restore the ailing steelmaker's competitiveness and preserve over 4,
U.S. Steel CEO David Burritt took another run at persuading Donald Trump to change his mind and let the iconic Pittsburgh steelmaker be sold to Nippon Steel of Japan, Fox Business reported on Jan. 6.
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley, and had said it is best positioned to help the ...
GARY, Ind. (WNDU) - U.S. Steel and Japan’s Nippon Steel are suing the Biden administration after the president blocked their $14.3 billion merger last week. In their lawsuit, the companies accuse President Biden of blocking the deal for political reasons.
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley. It also vowed not to reduce production capacity ...
President Biden is blocking U.S. Steel's merger with a Japanese company. But a new owner can't do worse by Gary than U.S. Steel already has.
Scott Bessent, President-elect Donald Trump’s choice for Treasury secretary, said Jan. 16 that the U.S. should institute a “very rigorous screening process” to ensure its outbound investment does not help China catch up to the U.S. in such key technology areas as artificial intelligence, computing chips, quantum computing and surveillance.
"This report quantifies just how devastating and far-reaching the consequences are." Steel mills prompt close review by EPA over premature deaths: 'The community is asking' first appeared on The Cool Down.
At a Christmas party our friends the Scamerhorns hosted in 1983, the subject of the Robert Hall clothing store, a retail anchor along Broadway in downtown Gary, resulted in a funny reaction from
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
The battle for the future of U.S. manufacturing dominance has taken a dramatic turn as Nippon Steel and U.S. Steel mobilize a legal counterattack, filing