Trump touts US Steel-Nippon deal
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Nippon Steel has yet to say anything about whether it is willing to accept the concept in place of its bid to buy the company.
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Axios on MSNTrump puts U.S. Steel cart before the horsePresident Trump on Friday spoke for nearly an hour to workers at a U.S. Steel plant near Pittsburgh, crediting himself with saving their jobs by negotiating a "partnership" between their employer and Japan's Nippon Steel.
President Donald Trump travels to Pittsburgh Friday to celebrate a deal he once vowed to oppose - Japanese steelmaker Nippon Steel’s long-announced plans to buy iconic American steelmaker US Steel.
Japanese-owned Nippon Steel has spent more than $6.1 million on federal lobbying efforts in its quest to take over US Steel.
Gary Mayor Eddie Melton said Nippon Steel plans to pump $1 billion in the Gary Works U.S. Steel facility — the largest steel plant in the country.