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President Joe Biden has come out against U.S. Steel’s proposed $14 billion sale to a Japanese company, Nippon. The deal holds major implications for Granite City and its U.S. Steel plant there.
GRANITE CITY, Ill. — The deal between U-S Steel and Nippon Steel has been finalized as of Wednesday, according to a joint statement. The US government will now have a golden share in the company ...
U.S. Steel is indefinitely idling primary operations at its Granite City Works steel mill in Illinois. The Pittsburgh-based steelmaker warned it would lay off up to 1,000 steelworkers at the steel ...