{"id":2333761,"date":"2024-08-29T17:35:56","date_gmt":"2024-08-29T21:35:56","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/steelworkers-vow-to-keep-us-steel-us-owned-as-foreign-giant-gobbles-up-american-industry\/"},"modified":"2024-08-29T17:40:07","modified_gmt":"2024-08-29T21:40:07","slug":"steelworkers-vow-to-keep-us-steel-us-owned-as-foreign-giant-gobbles-up-american-industry","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/steelworkers-vow-to-keep-us-steel-us-owned-as-foreign-giant-gobbles-up-american-industry\/","title":{"rendered":"Steelworkers Vow to Keep &#8216;US Steel US Owned&#8217; as Foreign Giant Gobbles Up American Industry"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsteelworkers-vow-to-keep-us-steel-us-owned-as-foreign-giant-gobbles-up-american-industry%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2333761&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Nippon Steel Corp. has\u200d increased \u2064its investment commitment, now totaling over $2.3 billion, to enhance U.S. \u2064Steel plants in Pennsylvania and Indiana amidst\u2064 considerable political and labor opposition to its almost $15 billion acquisition of the American steelmaker. This investment includes $1 billion aimed at upgrading the hot \u200bstrip mill at the Irvin Plant and improvements at other facilities. While the \u200dCEO of U.S. Steel, David\u2062 Burritt, \u2062praised Nippon Steel&#8217;s commitment as beneficial for the company and the American steel industry, the United Steelworkers union dismissed it as insincere, citing\u200d a \u200clack of substantial changes to labor agreements. The \u200bunion is actively opposing the deal,\u2064 aiming to keep U.S. Steel domestically owned and expressing concerns over past broken promises regarding <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/man-receives-worlds-first-whole-eye-and-partial-face-transplant\/\" title=\"Man gets world&#039;s first full-eye and partial face transplant.\">plant\u200d operations<\/a>. The proposed transaction has sparked bipartisan political backlash, with high-profile figures like former President Trump voicing their intent to block\u2064 the acquisition. Despite the opposition, Nippon Steel anticipates the \u2063deal&#8217;s closure in the latter half of\u2062 2024.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> <script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><\/p>\n<p>Nippon Steel Corp. raised its capital commitment Thursday by more than $1 billion to spend on U.S. Steel plants amid entrenched political and labor opposition to the Japanese company&rsquo;s nearly $15 billion acquisition of the iconic American steelmaker.<\/p>\n<p>Nippon Steel&rsquo;s $1.3 billion commitment to upgrade facilities in Pennsylvania and Indiana is on top of an earlier commitment to spend $1.4 billion.<\/p>\n<p>The announcement was lauded by David Burritt, U.S. Steel&rsquo;s president and CEO, as evidence of Nippon Steel&rsquo;s desire to &ldquo;complete the transaction and expand U.S. Steel.&rdquo; The United Steelworkers dismissed it as &ldquo;lip service.&rdquo;<\/p>\n<p>The sale comes during a tide of renewed political support for rebuilding America&rsquo;s <a href=\"https:\/\/www.westernjournal.com\/biden-admin-admits-ev-manufacturing-may-benefit-exploiting-children\/\" target=\"_blank\" rel=\"noopener\">manufacturing<\/a> sector, a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/why-this-average-american-is-voting-for-donald-trump\/\" title=\"Why This Average American Is Voting for Donald Trump\">presidential campaign<\/a> in which Pennsylvania is a prime battleground, and a long stretch of protectionist U.S. tariffs that analysts say has helped reinvigorate domestic steel.<\/p>\n<p>In its statement, Nippon Steel said it will spend at least $1 billion to upgrade the hot strip mill at the Pittsburgh-area Irvin Plant, along with other facilities in Pennsylvania&rsquo;s Mon Valley Works, and about $300 million to improve one of the blast furnaces at Gary Works in Gary, Indiana.<\/p>\n<p>  <script> \t\t\t\tif( ! getCookie( 'ff_subbed' ) ) if( typeof FFADS.replace_ict !='undefined' ) if( FFADS.replace_ict ) eval( FFADS.replace_ict ); \t\t\t<\/script> <\/p>\n<p>The commitments &ldquo;far exceed&rdquo; what Pittsburgh-based U.S. Steel would pledge on its own and will help make the company and the American industry stronger and more competitive, Burritt said.<\/p>\n<p>&ldquo;The bottom line is these are investments in the future of integrated American steel-making and the employees, families and communities that rely on it,&rdquo; Burritt said in a statement.<\/p>\n<p>Such improvements will extend the life of the facilities and boost productivity, Nippon Steel said. It reiterated that it expects the transaction to close in the second half of 2024, despite ongoing political and labor opposition.<\/p>\n<p>The United Steelworkers is against the deal after it backed a bid by U.S.-based Cleveland Cliffs. The union filed a <a href=\"https:\/\/www.westernjournal.com\/mccarthy-airs-grievances-matt-gaetz-alleged-shouting-match-gop-rep\/\" target=\"_blank\" rel=\"noopener\">grievance<\/a>, which was completed August 15th, and the case is now in the hands of the three members of the arbitration board, the union said.<\/p>\n<p>The Steelworkers say they are intent on &ldquo;keeping U.S. Steel U.S. owned&rdquo; and are protesting what they view as the transaction&rsquo;s failure to incorporate its contractual agreements on labor, pensions and other matters after they were not consulted on the details.<\/p>\n<p>The union&rsquo;s leaders dismissed Nippon&rsquo;s commitment, saying that U.S. Steel has already broken a string of promises that include shutting down plants and canceling capital investments, such as one targeted for Mon Valley plants.<\/p>\n<p>&ldquo;Nippon is still trying to hide behind its <a href=\"https:\/\/www.westernjournal.com\/ap-trump-turbulence-lags-momentum-for-north-american-trade-deal\/\" target=\"_blank\" rel=\"noopener\">North American<\/a> shell company to shield itself from its contractual obligations to retirees and our communities, and it still needs to answer to pressing concerns regarding our critical supply chains and national security,&rdquo; the union&rsquo;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admin-warned-infrastructure-bill-could-be-considered-racist\/\" title=\"Biden Admin Warned Infrastructure Bill Could Be Considered Racist\">international president<\/a>, David McCall, and negotiating committee chair Mike Millsap said in a statement. &ldquo;This is just more of what we&rsquo;ve seen all along: lots of words, no real change.&rdquo;<\/p>\n<p>With the United Steelworkers against the deal, the sale has drawn opposition from senior political figures on both sides of the aisle.<\/p>\n<p>Last week, former President Donald Trump, the Republican presidential nominee, reiterated his pledge to block the deal during a campaign appearance in York, Pennsylvania.<\/p>\n<p>Vice President Kamala Harris, the Democratic nominee, who is endorsed by the Steelworkers union, has not spoken about the deal since President Joe Biden ended his candidacy in July.<\/p>\n<p style=\"font-style: italic;\">The Western Journal has reviewed this Associated Press story and may have altered it prior to publication to ensure that it meets our editorial standards.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\">  <\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> <label>* Name<\/label> <br \/> <input type=\"text\" name=\"name\" required> <\/div>\n<div class=\"sc--field\"> <label>* <\/label> <br \/> <input type=\"text\" name=\"\" required> <\/div>\n<p> <label>* Message<\/label> <br \/> <textarea name=\"message\" required><\/textarea>  <\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> <input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\">  <\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> <script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! ( opts[inputs[i]]=document.querySelector( '.entry-submit-correction [name=\"' + inputs[i] + '\"]' ).value ) ) { \t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .required-message' ).style.display='block'; \t\t\t\t\t\treturn; \t\t\t\t\t}  \t\t\t\t\tdocument.querySelector( '.entry-submit-correction input[type=\"submit\"]' ).style.display='none'; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).src=firefly_loading_gif_url; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='inline-block';  \t\t\t\t\tconsole.log( 'ma subbing' );  \t\t\t\t\tif( firefly_post_id ) opts['post_id']=firefly_post_id;  \t\t\t\t\t\/* Send the data using post with element id name and name2*\/ \t\t\t\t\tvar posting=jQuery.post( firefly_ajax_url, opts );  \t\t\t\t\t\/* Alerts the results *\/ \t\t\t\t\tposting.done( function( response ) { \t\t\t\t\t\tif( response.success ) { \t\t\t\t\t\t\tconsole.log( response.data ); \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='none'; \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-confirm' ).style.display='block';  \t\t\t\t\t\t\tdataLayer.push( { 'event': 'submit-correction' } ); \t\t\t\t\t\t} \t\t\t\t\t}); \t\t\t\t}); \t\t\t} \t\t<\/script>  <\/div>\n<p>   <script>console.log(\"ad slot (BA1)\")<\/script> <\/p>\n<div class=\"ff-fancy-header-container\">  <\/div>\n<style> \t\t\t \t\t\t.insticator-unit.type-commenting{margin: 0 10px 25px 10px}@media screen and (max-width:1060px){#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{margin: 0 auto 25px auto !important;}}#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{height: 280px !important; width: 336px !important} \t\t<\/style>\n<div class=\"insticator-unit type-commenting\">\n<div class=\"insticator-ads\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-1\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-2\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-1\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-2\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<div class=\"insticator-ads additional\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-3\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-4\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-3\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-4\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<\/p><\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nippon Steel Corp. announced on Thursday that it is increasing its capital investment by over $1 billion for U.S. Steel plants, despite significant political and labor resistance to its nearly $15 billion acquisition of the well-known American steel producer. This new commitment includes $1.3 billion for upgrading facilities in Pennsylvania and Indiana, in addition to a previous pledge of $1.4 billion. David Burritt, president and CEO of U.S. Steel, praised this announcement as a sign of Nippon Steel&#8217;s intention to finalize the deal and enhance U.S. Steel&#8217;s operations; however, the United Steelworkers union dismissed it as mere &#8220;lip service.&#8221; <\/p>\n<p>The sale occurs amid renewed political backing for revitalizing America&#8217;s manufacturing sector, particularly in Pennsylvania\u2014a key battleground state during presidential campaigns\u2014and amidst ongoing protectionist tariffs that analysts believe have bolstered domestic steel production.<\/p>\n<p>Nippon Steel stated that it plans to invest at least $1 billion to upgrade the hot strip mill at the Irvin Plant near Pittsburgh and other facilities within Pennsylvania\u2019s Mon Valley Works, along with approximately $300 million for improvements at one of Gary Works&#8217; blast furnaces in Indiana.<\/p>\n<p>Burritt noted that these commitments &#8220;far exceed&#8221; what U.S.-based U.S. Steel would typically invest alone and will strengthen both the company and American industry overall: \u201cThese are investments in the future of integrated American steel-making,\u201d he said.<\/p>\n<p>Nippon Steel emphasized that these enhancements will prolong facility lifespans and increase productivity while reaffirming its expectation to complete the transaction by mid-2024 despite ongoing opposition from political figures and labor unions like United Steelworkers\u2014who oppose this deal after supporting a bid from Cleveland Cliffs based in the U.S.<\/p>\n<p>The union has filed a grievance regarding this matter which is currently under arbitration review after being completed on August 15th; they argue against what they see as Nippon\u2019s failure to honor contractual agreements related to labor issues, pensions, etc., without consulting them beforehand.<\/p>\n<p>Union leaders criticized Nippon&#8217;s commitment as insincere given past broken promises from U.S. Steel regarding plant closures and canceled investments aimed at Mon Valley plants: \u201cThis is just more talk without real change,\u201d stated David McCall (the union\u2019s international president) alongside Mike Millsap (negotiating committee chair).<\/p>\n<p>With opposition from both sides politically\u2014last week former President Donald Trump reiterated his vow against this deal during an event in York, Pennsylvania\u2014Vice President Kamala Harris has remained silent since President Biden suspended his campaign back in July.<\/p>\n<p>(Note: The original text contained some technical code snippets which have been omitted here.)<\/p>\n","protected":false},"author":1,"featured_media":2333762,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/08\/a2b84fa18bae4aefa7f1c448efde8ea3-scaled.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[39700,39698,39699],"class_list":["post-2333761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-american-industry","tag-steelworkers","tag-us-steel"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/08\/a2b84fa18bae4aefa7f1c448efde8ea3-scaled.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2333761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2333761"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2333761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2333762"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2333761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2333761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2333761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}