Trump approves US Steel, Nippon partnership
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1don MSN
A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel 's bid for U.S. Steel but most panel members believe any security risks posed by the deal can be addressed,
"I am proud to announce that, after much consideration and negotiation, US Steel will REMAIN in America," President Trump wrote Friday afternoon.
Japan’s Nippon Steel has pitched a new American plant and billions of additional investments to clinch support for a deal.
India's JSW Steel , the country's top steelmaker by market cap, reported a smaller-than-expected rise in fourth-quarter profit on Friday, hurt by weak steel prices.
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