U.S. Steel leaders rally to support potential sale to Nippon Steel

Published: Sep 04, 2024 Duration: 00:01:49 Category: News & Politics

Trending searches: nippon steel
US STEEL LEADERS STANDING IN THE MIDDLE OF A RALLY AT HEADQUARTERS TODAY TALKING ABOUT THE INVESTMENT, NOT JUST INTO THE COMPANY BUT THE COMMUNITY. IF THE SALE TO NIPPON STILL HAPPENS. AND WITHOUT THESE INVESTMENT WITHOUT THIS MERGER, I AM VERY CONCERNED WITH THE FUTURE HERE IN PITTSBURGH. THAT IS THE CONCERN AS NEON PROMISES UPGRADED FACILITIES AND EQUIPMENT TO KEEP THESE PLANTS AT THE TOP OF THE STEEL GAME. BUT IF THE DEAL FALLS APART AS MANY ARE SPEAKING OUT AGAINST IT, US STEEL LEADERS DON'T BELIEVE IT CAN KEEP UP AS A STAND ALONE COMPANY AND NOW WE'RE GOING TO HAVE A 1938 HOT STRIP MILL TRYING TO STAY COMPETITIVE WITH HOT STRIP MILLS THAT WERE BUILT 10 YEARS AGO. YOU CAN DO THE MATH AND SEE WHAT HAPPENED. I MEAN, IT'S THE SAME FATE THAT HAPPENED WITH DUCANE, WITH HOMESTEAD, WITH ALIQUIPPA, WITH STEEL MILLS ON THE SOUTH SIDE. THE POTENTIAL ACQUISITION CONTINUES TO BE UNDER SCRUTINY AS POLITICAL LEADERS HAVE CONCERNS OVER NATIONAL SECURITY IMPLICATIONS. LOOK, THE FEDERAL GOVERNMENT WILL ULTIMATELY MAKE THE FINAL DECISION AS TO WHETHER OR NOT THE US STEEL POND DEAL GOES FORWARD. MY FOCUS HAS BEEN AND WILL CONTINUE TO BE ON PROTECTING AND GROWING JOBS IN THE MON VALLEY AND ALL ACROSS WESTERN PENNSYLVANIA. WHILE MANY SIGNS AT TODAY'S RALLY SHOWED PEOPLE OVER POLITICS. THE DEAL IS A TALKER IN THE POLITICAL WORLD WITH BOTH THE PRESIDENT AND VICE PRESIDENT. SPEAKING OUT ON MONDAY TO KEEP US STEEL AMERICAN OWNED. WHEN YOU'RE IN PITTSBURGH, YOU'RE STANDING WITH STEEL WORKERS. LET'S BE CLEAR, I BELIEVE IN AMERICAN STEEL COMPANIES. AMERICAN OWNED AND OPERATED STEEL COMPANIES.

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