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Japanese Corp. Trying to Buy U.S. Steel Tied to China

Several senators from the country’s Rust Belt are sounding the alarm over ties between the Chinese Communist Party (CCP) and Nippon Steel, a Japanese conglomerate that is considering acquiring US Steel Corporation. Last December, executives at U.S. Steel and Nippon Steel announced a nearly $15 billion deal to sell the iconic American steel giants to […]

First section of mangled steel removed from collapsed Baltimore Key Bridge

Engineers began carefully removing the first chunks of twisted steel from the collapsed section of Baltimore’s Francis Scott Key Bridge late Saturday with the help of several large cranes. A huge cargo ship crashed into one of the bridge’s main supports on the nearly 50-year-old Patapsco River in Maryland on Tuesday, killing six construction workers […]

Richard Serra, US artist known for enormous steel sculptures, dead at 85

Richard Serra, the American artist whose giant steel sculptures covered in a beautiful rusted patina adorned the landscape and dominated the vast galleries of some of the world’s finest museums, died on Tuesday, The New York Times reported. reported. He was 85 years old. The artist died of pneumonia at his home in Long Island, […]

Steel doors, new riot squad: Portland prepares for fiery election season

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Keeping U.S. Steel American Isn’t Protectionism

US steel and the formation of trade policy If there is something out of control in US trade policy, it certainly does not seem to be protectionism. Joe Biden’s latest accusations Japan-U.S. steel marriage I heard a scream as expected. protectionism From a self-proclaimed free market critic. Michael Strain is incarcerated at the American Enterprise […]

Nippon Steel defends US Steel acquisition after Biden opposition

Nippon Steel defended The possibility of the company acquiring U.S. Steel emerged on Friday after President Biden opposed the deal the previous day. “Our transaction has clear benefits for U.S. Steel, our union members, the broader U.S. steel industry, and U.S. national security,” the Japanese company said in a statement. “Through increased financial investment and […]

Biden: ‘Vital’ for US Steel to remain domestically owned and operated

President Biden on Thursday pushed back against the potential sale of U.S. Steel to Nippon Steel, insisting it was “critically important” that the company remain domestically owned. “It’s important to keep American steel companies strong, supported by American steelworkers,” Biden said in a statement obtained by The Hill. “I told steelworkers I stood by them, […]

Biden To Oppose Foreign Acquisition Of US Steel In Bid To Sway Blue-Collar Voters

President Joe Biden plans to voice his opposition to a foreign takeover of iconic American company U.S. Steel on Thursday in an effort to win over blue-collar voters, according to the Associated Press. Japan’s Nippon Steel first announced in December that it would buy US Steel, the world’s fourth-largest steel producer, for about $14.9 billion, […]