What’s Next for U.S. Steel After Union Arbitration Loss?
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#newstr #UsSteel #NipponSteel #UnitedSteelworkers #Arbitration #LaborAgreement #Biden #Harris #Politics #Pennsylvania #Mergers
https://here.news/story/3f84714e?ver=1.53
The Decline of U.S. Steel: A Battle for the Future
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#newstr #SteelIndustry #UsSteel #NipponSteel #Politics #Economy #Manufacturing #Union #Biden #Harris #Trump
https://here.news/story/3f84714e?ver=1.47
U.S. Steel-Nippon Steel Merger: A Game Changer for Minnesota's Iron Range
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#newstr #UsSteel #NipponSteel #Merger #Minnesota #IronRange #JobCreation #GovernorWalz #PaulGazelka #Economy #SteelIndustry
https://here.news/story/3f84714e?ver=1.2
The US Steel Deal: A Controversial Solution to Revitalize the Industry
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#newstr #UsSteel #Investment #GlobalEconomy #PresidentJoeBiden #NationalSecurity #Manufacturing #ForeignInvestment
https://here.news/story/3f84714e?ver=1.14
The US Steel Deal: A Controversial Solution to Revitalize the Industry
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#newstr #UsSteel #TrumpAdministration #SteelIndustry #China
https://here.news/story/3f84714e?ver=1.13
Nippon Steel Hires Mike Pompeo to Overcome Political Opposition in $15bn US Steel Bid
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#newstr #NipponSteel #MikePompeo #UsSteel #Lobbying #Acquisition
https://here.news/story/3f84714e?ver=1.11
Nippon Steel Hires Mike Pompeo to Overcome Political Opposition in $15bn US Steel Bid
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#newstr #NipponSteel #MikePompeo #UsSteel #Lobbying #Bid #DonaldTrump #JoeBiden #Pennsylvania
https://here.news/story/3f84714e?ver=1.1
Investment Bankers Discuss M&A and Consolidation in the Metals Industry
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Investment bankers discuss M&A and consolidation in the metals industry, highlighting factors that contribute to valuation and financing options. They also mention the interest of foreign buyers and the potential stabilizing effect of the pending purchase of U.S. Steel by Nippon Steel. Replay available on SMU website, and speakers will be featured at SMU Steel Summit in August. #MergersAndAcquisitions #MetalsIndustry #ForeignInvestment #FinancingOptions...
#newstr #M&a #MetalsIndustry #InvestmentBanking #Valuation #Consolidation #Financing #MiddlemarketBusinesses
https://here.news/story/3f84714e?ver=1.06
The Sale of US Steel to Nippon Steel Raises Concerns and Sparks Political Debate in Pittsburgh
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The proposed merger between US Steel and Nippon Steel sparks political debate in Pittsburgh, symbolizing the decline of US manufacturing. President Biden and former President Trump oppose the sale, citing national security concerns. The United Steelworkers union fights against the deal, concerned about loopholes that could harm American steel production. Nippon Steel promises to keep plants open and invest in sustainability, but critics question their plans. Shareholders also raise concerns about decarbonization costs. The opposition is multifaceted, with Cleveland-Cliffs seeking to buy US Steel instead. The merger highlights the complex dynamic of foreign investment in American industry. #USSteel #NipponSteel #manufacturing #Pittsburgh #union #decarbonization...
#newstr #UsSteel #NipponSteelCorp #Pittsburgh #Manufacturing #SteelIndustry #JoeBiden #DonaldTrump
https://here.news/story/3f84714e?ver=1.05
Growing Concerns Over Nippon Steel's Takeover of US Steel Raises Worries About the Future of the Steel Industry in Pittsburgh
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Growing concerns over Nippon Steel's takeover of US Steel in Pittsburgh. Opposition due to foreign ownership, labor disputes, decarbonization costs, and potential job losses. United Steelworkers union fighting against the $14.9B deal with backing from President Biden. Nippon Steel's offer includes no layoffs or closures, but union concerned about loopholes. Justice and Treasury Departments investigating. Future of steel industry at stake. Decarbonization costs estimated at $34.8B. Shareholders concerned about impact on Nippon Steel's strategy. Cleveland-Cliffs also opposing merger. Complex dynamic of foreign investment and American industry. #SteelIndustry #ForeignOwnership #JobLosses #Decarbonization #Investigation #ElectionYear #Shareholders #AmericanIndustry...
#newstr #NipponSteel #UsSteel #Merger #SteelIndustry #Pittsburgh #JobLosses #PlantClosures #DecarbonisationCosts
https://here.news/story/3f84714e?ver=1.04
Growing Opposition to U.S. Steel-Nippon Steel Merger Over Concerns of Job Losses and Plant Closures in Pennsylvania
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Opposition grows to U.S. Steel-Nippon Steel merger over job losses & plant closures in Pennsylvania. Concerns about foreign ownership, labor disputes, and decarbonization costs. United Steelworkers union fights deal with Biden's support. Justice Dept & Treasury Dept investigating. #SteelMerger #JobLosses #ForeignInvestment...
#newstr #UsSteel #NipponSteel #SteelIndustry #Pennsylvania #UnitedSteelworkers #JoeBiden #DonaldTrump
https://here.news/story/3f84714e?ver=1.03
Growing Opposition to U.S. Steel-Nippon Steel Merger Over Concerns of Job Losses and Plant Closures
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Growing opposition to the U.S. Steel-Nippon Steel merger due to concerns of job losses, plant closures, and foreign ownership. The United Steelworkers union, backed by President Biden, is fighting against the deal. Shareholders also worry about decarbonisation costs. Cleveland-Cliffs seeks to kill the merger to buy U.S. Steel at a lower price. The intermingling of foreign investment and American industry raises questions about American leverage and economic disparities. #SteelMerger #JobLosses #ForeignOwnership #Decarbonisation #EconomicDisparities...
#newstr #UsSteel #NipponSteel #Merger #Opposition #JobLosses #PlantClosures #DecarbonisationCosts #UnionContract #Investigation #Arbitration
https://here.news/story/3f84714e?ver=1.02
Shareholders Warn Nippon Steel of Higher Decarbonisation Costs in U.S. Steel Takeover
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Shareholders warn Nippon Steel of higher decarbonisation costs in U.S. Steel takeover. Concerns about foreign ownership, labor disputes, and increased decarbonisation expenses prompt proposals urging Nippon Steel to address the impact on its strategy. Nippon Steel estimates decarbonisation may cost $34.8bn by 2050. Shareholders highlight the need for alignment with decarbonisation goals. Opposition to the merger is multifaceted, including concerns about bankruptcy, lower acquisition price, and American leverage. Foreign investment in American industry raises questions about layoffs and economic disparities. #Decarbonisation #MergersAndAcquisitions #ForeignInvestment...
#newstr #UsSteel #NipponSteel #Merger #Decarbonisation #Shareholders
https://here.news/story/3f84714e?ver=1.01
Nippon Steel's Acquisition of U.S. Steel Faces Political and Regulatory Hurdles
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The proposed acquisition of U.S. Steel by Nippon Steel is facing opposition from President Biden and the United Steelworkers Union. However, blocking the deal would harm the U.S. economy and national security. The acquisition would bring new investment and expand domestic steel production. Claims of national security concerns are unfounded, as a loss of economic viability poses a greater threat. Congress should hold hearings to investigate the motivations behind the opposition. #USSteel #NipponSteel #acquisition #economy #nationalsecurity...
#newstr #NipponSteel #UsSteel #TakahiroMori #Acquisition #RegulatoryHurdles #PoliticalOpposition #JobSecurity #AssetSales #Profitability #MarketAccess
https://here.news/story/3f84714e?ver=0.99
The Misguided Opposition to the U.S. Steel Deal with Nippon Steel
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Opposition to the U.S. Steel-Nippon Steel deal is misguided. Blocking the deal would harm the economy and national security. The acquisition would bring new investment, expand domestic steel production, and counter China's dominance. Claims of job and national security concerns are unfounded. Congress should hold hearings to investigate motivations behind the opposition. #USSteel #NipponSteel #economy #nationalsecurity...
#newstr #UsSteel #NipponSteel #Protectionism #JobSecurity #NationalSecurity #TradeWar #ForeignInvestment
https://here.news/story/3f84714e?ver=0.98
The Political Motivations Behind Biden's Opposition to the US Steel Deal with Nippon Steel
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President Biden's opposition to the U.S. Steel-Nippon Steel deal is facing criticism for potential political motivations. The deal would bring investment, job preservation, and counter China's steel dominance. Blocking it could harm the economy and national security. Congress should investigate the situation. #Biden #SteelDeal #PoliticalMotivations #Economy #NationalSecurity...
#newstr #JoeBiden #UsSteel #NipponSteel #ClevelandCliffs #UnitedSteelworkers #UsManufacturingRenaissance #UsSteelSector #China'sDominanceInTheSteelIndustry
https://here.news/story/3f84714e?ver=0.96
The Controversy Surrounding Biden's Opposition to the U.S. Steel Deal with Nippon Steel
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President Biden's opposition to the U.S. Steel deal with Nippon Steel has sparked controversy. Despite shareholder approval and no national security concerns, Biden, the United Steelworkers Union, and Cleveland Cliffs are opposing the acquisition. The deal aims to counter China's steel dominance and deepen the U.S.-Japan relationship. Some suggest Congress should investigate potential political motivations. Nippon Steel has offered job preservation and investment, while Cleveland Cliffs has closed facilities. The deal is pending approval from CFIUS and expected to close in 2024. #Biden #steeldeal #USJapanalliance #China #Congressinvestigation...
#newstr #UsSteel #NipponSteel #ClevelandCliffs #UnitedSteelworkers #JoeBiden #Congress #CommitteeOnForeignInvestmentInTheUnitedStates #NationalSecurity #SteelIndustry #China
https://here.news/story/3f84714e?ver=0.94
The Hidden Costs of Biden’s Opposition to the U.S. Steel Deal with Nippon Steel
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President Biden's opposition to the U.S. Steel-Nippon Steel deal raises concerns about potential political motivations and undermines national security. The $14 billion investment would preserve jobs and counter China's steel dominance. Congress should investigate the situation to ensure the best interest of the American economy. #Biden #steeldeal #nationalsecurity #Congress #economy...
#newstr #Biden #SteelProtectionism #UsSteel #NipponSteel #Trade #NationalSecurity
https://here.news/story/3f84714e?ver=0.92
Controversy Surrounds Biden's Opposition to U.S. Steel Deal with Nippon Steel
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Controversy surrounds Biden's opposition to the U.S. Steel-Nippon Steel deal, with some suggesting political motivations. Nippon Steel offers $14 billion investment, job preservation, and a counterweight to China's steel dominance. Biden prefers Cleveland Cliffs despite lower offer and plant closures. Congress should investigate [Steel, Biden, Nippon, Cleveland, China, Congress]...
#newstr #UsSteel #NipponSteel #ClevelandCliffs #JoeBiden #UnitedSteelworkers #Congress #ForeignInvestment #NationalSecurity
https://here.news/story/3f84714e?ver=0.91
Joe Biden's Opposition to Nippon Steel's Acquisition of U.S. Steel Sparks Controversy
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President Biden's opposition to Nippon Steel's acquisition of U.S. Steel sparks controversy. Despite shareholder approval and no national security concerns, Biden, along with the United Steelworkers Union, opposes the deal. The acquisition aims to counter China's steel industry dominance and deepen the U.S.-Japan relationship. Some suggest Congress should investigate potential political motivations. #Biden #steelindustry #USJapanrelations #Congressinvestigation...
#newstr #JoeBiden #NipponSteel #UsSteel #ClevelandCliffs #UnitedSteelworkers #Congress #SteelIndustry
https://here.news/story/3f84714e?ver=0.9
Joe Biden's Opposition to Nippon Steel's Acquisition of U.S. Steel Sparks Controversy
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President Biden's opposition to Nippon Steel's acquisition of U.S. Steel sparks controversy. Despite shareholder approval and no security concerns, Biden, the United Steelworkers Union, and Cleveland Cliffs oppose the deal. The acquisition aims to counter China's steel dominance and deepen U.S.-Japan relations. Some suggest Congress should investigate potential political motivations. #Biden #steelindustry #USJapanalliance #Congressinvestigation...
#newstr #JoeBiden #UsSteel #NipponSteel #ClevelandCliffs #UnitedSteelworkers #SteelIndustry
https://here.news/story/3f84714e?ver=0.88
Joe Biden's Opposition to Nippon Steel's Acquisition of U.S. Steel Sparks Controversy
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Joe Biden's opposition to Nippon Steel's acquisition of U.S. Steel sparks controversy despite shareholder approval and no security concerns. The deal aims to counter China's steel dominance and strengthen U.S.-Japan relations. Congress may need to investigate potential undue pressure to block the deal. #Biden #steelindustry #USJapanrelations #China...
#newstr #UsSteel #NipponSteel #SteelIndustry #JoeBiden #Politicization
https://here.news/story/3f84714e?ver=0.87
Debate Over Nippon Steel's Acquisition of U.S. Steel Sparks Concerns About Foreign Ownership and National Security
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U.S. Senators Sherrod Brown and Shelley Moore Capito are calling for an investigation into the sale of U.S. Steel to Japan's Nippon Steel Corporation. The senators have raised concerns about Nippon's relationship with China's steel industry and the lack of communication between Nippon and American steelworkers. Senator Brown believes that the acquisition could potentially harm the American steel industry and wants to ensure that the sale is in the best interest of American workers. Senator Capito shares similar concerns and emphasizes the importance of keeping the American steel industry out of the hands of foreign countries. Both senators are fighting the sale to prevent U.S. Steel from becoming a foreign-owned company .
U.S. Steel shareholders have approved the $14.9 billion acquisition...
#newstr #Nippon #UsSteel #Acquisition #ForeignDirectInvestment #NationalSecurity #Economy
https://here.news/story/3f84714e?ver=0.8
Notes by Debate Over Nippon Steel's Acquisition of U.S. Ste... | export