Trump backs Nippon Steel partnership with US Steel
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President Donald Trump announced a partnership between U.S. Steel and Japanese steelmaker Nippon that he says will keep the headquarters in Pittsburgh and draw $14 billion in investment toward the US economy.
President Trump announced U.S. Steel will “REMAIN in America" through a new partnership with Japan's Nippon Steel, preserving jobs and boosting U.S. manufacturing.
United States Steel has high debt and returns almost no value to investors through dividends, making a long-term investment unprofitable. See why X stock is a Sell.
A powerful U.S. national security panel on Wednesday submitted a recommendation to President Donald Trump on Nippon Steel's fraught $14.9 billion bid for U.S. Steel , a person familiar with the matter said,
United States Steel's (X 2.19%) place in history is secure, given how important the company was to the creation of the steel industry. But US Steel is no longer the industry-leadi
Nippon Steel Corp. plans to invest $14 billion in United States Steel Corp. if the Trump administration approves the merger of the companies, Reuters reported.Details of the plan include Nippon Steel investing $4 billion in a new steel mill,
1don MSN
A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel 's bid for U.S. Steel but most panel members believe any security risks posed by the deal can be addressed,