Nippon maintains value of USS deal following Biden remarks

Nippon Steel has reaffirmed the value of its deal for U.S. Steel a day after President Biden issued a statement opposing the sale.

china
Nippon Steel
Trade Cases
U.S. Steel
US
USW

“Our transaction delivers clear benefits to U.S. Steel, union workers, the broader American steel industry, and American national security,” Nippon said in a statement on Friday.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.