Trump OKs Nippon Steel investment in U.S. Steel
Digest more
Gary Mayor Eddie Melton has been supportive of a deal between Nippon and U.S. Steel for months, citing how it would benefit Gary Works. In August, it was announced that Nippon Steel would invest $300 million into the local facility. A Nippon executive later said the company would invest $1 billion into Gary Works.
The partnership between US Steel Corp and Nippon Steel Corp has reached a new phase, with an agreement on US national security guarantees, in addition to the so-called “golden share” advantage obtained by US President Donald Trump’s administration.
On Sunday, the CBS News Chicago Investigators told you about the significant industrial pollution in Northwest Indiana and the health impact on the people living in Gary.Now, the federal government is working out a deal for a Japanese company to invest in U.
Steel will remain American, and we will grow bigger and stronger through a partnership with Nippon Steel that brings massive investment ... speculate about the impact of today’s announcement ...
CHICAGO (WLS) -- President Donald Trump recently announced a partnership between U.S. Steel and Nippon Steel ... a little over a year ago, the investment in Gary was going to be roughly $300 ...
There are reports that Nippon will spend billions of dollars on U.S. Steel facilities in Pennsylvania, Alabama, Arkansas, Minnesota and Indiana.