Trump, U.S. Steel
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President Donald Trump said the deal includes protections that ensure that all U.S. Steel operations will remain open and all steelworkers will keep their jobs. Nippon Steel committed to keep all blast furnaces operating at full capacity for at least 10 years.
As President Trump celebrates a deal with Nippon Steel of Japan, industry experts wonder what will happen to U.S. Steel’s coal-powered plants.
Nippon Steel investors and analysts are asking if its $15-billion deal to buy U.S. Steel , backed but not yet approved by President Donald Trump, is positive for the near term, even if its hopes for strong U.
U.S. Steel has restarted the No. 8 blast furnace at its flagship Gary Works steel mill. The Pittsburgh-based steelmaker, one of the Region's largest employers, idled both the No. 3 blast furnace ...
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