U.S. Steel, Trump
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Gary Mayor Eddie Melton said Nippon Steel plans to pump $1 billion in the Gary Works U.S. Steel facility — the largest steel plant in the country.
Japan's top steelmaker has since December 2023 sought to seal a $14.9-billion bid to acquire U.S. Steel. But both President Donald Trump and former President Joe Biden expressed opposition to the tie-up, arguing U.S. Steel should remain American-owned as they sought to woo voters in Pennsylvania ahead of the November presidential election.
United Steelworkers raises concerns about Nippon Steel's partnership with U.S. Steel, seeking clarity on investment plans and workforce impact.
President Donald Trump cleared Nippon’s bid for U.S. Steel on Friday, referring to the deal as a “partnership.”