US Steel warns jobs could be lost if sale falls through ...Middle East

The Hill - Technology
US Steel warns jobs could be lost if sale falls through
source : The Hill ( Middle East ) () 81
U.S. Steel warned Wednesday that it may cut staff and move its headquarters from Pittsburgh if the company’s planned sale to Japanese steelmaker Nippon Steel falls apart. Nippon Steel announced it would acquire U.S. Steel in December, prompting outcry from lawmakers across the political spectrum who argued the deal could undermine national security and industrial capacity. President Biden, Vice President Harris and former President Trump have all voiced opposition to the deal. “U.S. Steel should remain American-owned and American-operated, and I will always have the backs of America’s steelworkers," Harris said during a Monday rally in Pittsburgh The steelmaker said its empl

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