Federal Illinois lawmakers demand answers from Japanese company buying U.S. Steel ...Middle East

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Federal Illinois lawmakers demand answers from Japanese company buying U.S. Steel
GRANITE CITY, Ill. (First Alert 4) – Three federal lawmakers for Illinois sent a letter questioning the Japanese company buying U.S. Steel. On Friday, U.S. Senators for Illinois Dick Durbin and Tammy Duckworth and U.S. Representative for Illinois Nikki Budzkinski sent a list of questions to Nippon Steel about it’s pending acquisition of U.S. Steel. The letter inquires about the plans for the Granite City plant. The transaction is worth about $14.9 billion when including the assumption of debt. The combined company will be among the top three steel-producing companies in the world, according to 2022 figures from the World Steel Association. The price tag for U.S. Steel is nearly double what

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