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    Granite City Works must remain open and other terms of the Nippon-USS deal

    Written by Stephanie Ritenbaugh


    Nippon Steel must not close or sell U.S. Steel’s Granite City Works in Illinois within the next two years or move the steelmaker’s headquarters from Pittsburgh without President Trump’s approval.

    Those are among the provisions included in the $14-billion deal allowing Nippon to acquire U.S. Steel.

    Stephanie Ritenbaugh

    Read more from Stephanie Ritenbaugh

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    Join SMU for a Community Chat with AGC Chief Economist Ken Simonson on Oct. 28

    Ken Simonson, chief economist for the Associated General Contractors of America (AGC), will join SMU for a Community Chat webinar on Wednesday, Oct. 28, at 11 a.m. ET. What will we talk about? On the one hand, a steel-intensive data center boom continues to outstrip even the most bullish steel-demand forecasts. On the other hand, some more traditional construction markets are struggling. What happens if the data boom falters?