Nippon Steel's acquisition of U.S. Steel raises concerns in Pittsburgh over industry survival.
Nippon Steel's acquisition of United States Steel has raised concerns in Pittsburgh, where the steel industry once thrived. Critics, including the United Steelworkers, see the transaction as a threat to the industry's survival, following previous plant closures in the 1970s and 1980s. Nippon Steel has promised investments to keep Pennsylvania factories competitive, but concerns remain over the industry's uncertain future.
June 30, 2024
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