US Steel Sale to Nippon Steel Poised to Close
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Trump administration offers some details of how it would control US Steel, but union raises concerns
The Pittsburgh-based steel maker and Nippon Steel plan $11 billion in new investments by 2028 after indicating that they plan to move forward with the deal under the terms of a national security agreement that has the White House’s approval.
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.