{"id":2337151,"date":"2024-09-05T10:41:53","date_gmt":"2024-09-05T14:41:53","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/without-nippon-deal-u-s-steel-will-leave-pittsburgh-washington-examiner\/"},"modified":"2024-09-05T10:44:40","modified_gmt":"2024-09-05T14:44:40","slug":"without-nippon-deal-u-s-steel-will-leave-pittsburgh-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/without-nippon-deal-u-s-steel-will-leave-pittsburgh-washington-examiner\/","title":{"rendered":"Without Nippon deal, U.S. Steel will leave Pittsburgh &#8211; Washington Examiner"},"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\">22<\/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%2Fwithout-nippon-deal-u-s-steel-will-leave-pittsburgh-washington-examiner%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=2337151&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>The \u2063article discusses the \u200bpotential relocation of U.S. Steel from \u2064Pittsburgh if a $14.9 billion acquisition deal by Japan&#8217;s Nippon Steel does \u200cnot go through. Founded in Pittsburgh over 120 years ago, U.S. Steel&#8217;s departure \u200cwould \u2063have\u200b significant economic and symbolic repercussions for Pennsylvania. Reports \u2063indicate\u200c that the Biden\u200c administration may block\u2063 the acquisition,\u200b a move supported by unions concerned\u2062 about American ownership. \u2064U.S. Representative Chris Deluzio criticized the company for its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/howard-schultz-returns-as-starbucks-ceo\/\" title=\"Howard Schultz Returns as Starbucks CEO\">anti-union stance<\/a>, arguing that it prioritizes\u200d cheaper labor over supporting its existing workforce. Despite some union opposition, a \u2063significant number of U.S. Steel \u2063employees rallied in support of the acquisition, hoping to preserve their \u2064jobs.  <\/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\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Without Nippon deal, U.S. Steel will leave Pittsburgh<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1746414\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>(The Center Square) &ndash; The company behind the eponymous &ldquo;Steel City&rdquo; may be a Pittsburgh icon no more.<\/p>\n<div class=\"article-paywall\">\n<p>U.S. Steel, founded in the city more than 120 years ago, said Wednesday that without Japanese-owned Nippon Steel&rsquo;s $14.9 billion acquisition, it would relocate out of Pittsburgh &ndash; dealing an economic and symbolic blow to Pennsylvania.<\/p>\n<p>The comment comes as <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/russia-mocks-western-press-after-day-of-no-invasion-passes-without-predicted-attack\/\" title=\"Russia Mocks Western Press After &#039;Day of No Invasion&#039; Passes Without Predicted Attack\">multiple media reports suggest<\/a> the Biden administration will soon collect on a promise to block the deal, a union-backed bipartisan move aimed at keeping the famed company American-owned.<\/p>\n<p>U.S. Rep. Chris Deluzio, D-Pa., chastised U.S. Steel for turning its back on union workers &ldquo;who built the company&rdquo; in favor of cheaper, unorganized labor in other states.<\/p>\n<p>&ldquo;They can dress it up however they want, but their cartoonish anti-union behavior puts them in good company with the robber barons they mimic,&rdquo; he said. &ldquo;Their business model seems to be about breaking the union.&rdquo;<\/p>\n<p>The United Steel Workers Union represents 850,000 workers across the country, including some from Nippon, of which 4,000 work in Pennsylvania, Alabama, Virginia and West Virginia.<\/p>\n<p>Not every worker opposes the deal, however. On Wednesday, thousands of U.S. Steel employees rallied outside the company&rsquo;s headquarters in Pittsburgh in support of the acquisition as a last-ditch effort to save thousands of jobs.<\/p>\n<p>&ldquo;We want elected leaders and other <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/levis-pushed-her-out-when-she-spoke-up-against-covid-madness-but-jennifer-sey-isnt-done-talking-part-2\/\" title=\"Levi\u2019s Pushed Her Out When She Spoke Up Against COVID Madness, But Jennifer Sey Isn\u2019t Done Talking (Part 2)\">key decision makers<\/a> to recognize the benefits of the deal as well as the unavoidable consequences if the deal fails,&rdquo;&nbsp;<strong><a href=\"https:\/\/investors.ussteel.com\/news-events\/news-releases\/detail\/692\/u-s-steel-employees-to-rally-in-support-of-nippon-steel\">said<\/a><\/strong>&nbsp;President and Chief Executive Officer of U.S. Steel David B. Burritt.<\/p>\n<p>He asked other state and federal elected officials, including Gov. Josh Shapiro, to get on board.<\/p>\n<p>A federal block means the company will &ldquo;pivot away&rdquo; from its blast furnaces,&nbsp;<strong><a href=\"https:\/\/www.thecentersquare.com\/pennsylvania\/article_4bcf145e-6701-11ef-9aa5-eb4e62568702.html\">including the one at Mon Valley Works, which is slated for a $1 billion upgrade<\/a><\/strong>&nbsp;&ndash; pending the deal&rsquo;s approval.<\/p>\n<p>Deluzio said corporate leaders need to show more respect and care &ldquo;about something &ndash; anything &ndash; beyond just chasing the cheapest and weakest labor and environmental rules.&rdquo;<\/p>\n<p>An economic impact study from the Pennsylvania Economy League found that, in 2024, the state&rsquo;s $33.1 billion steel industry employs nearly 31,000 workers in iron and steel mills and ferroalloy manufacturing.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1746414\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1746414\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Without the Nippon deal, U.S. Steel plans to exit Pittsburgh (The Center Square) \u2013 The company synonymous with \u201cSteel City\u201d may soon lose its iconic status in Pittsburgh. Established over 120 years ago in the city, U.S. Steel announced on Wednesday that it would move out of Pittsburgh if Japanese-owned Nippon Steel&#8217;s $14.9 billion acquisition does not go through, which would have significant economic and symbolic repercussions for Pennsylvania. This statement comes amid reports that the Biden administration is likely to fulfill a promise to block the acquisition, a bipartisan effort supported by unions aimed at keeping the historic company under American ownership. U.S. Representative Chris Deluzio, D-Pa., criticized U.S. Steel for abandoning union workers who helped build the company in favor of cheaper labor from unorganized states, stating that their actions reflect a troubling anti-union stance reminiscent of historical corporate exploitation. The United Steel Workers Union represents 850,000 workers nationwide, including some from Nippon; about 4,000 are employed across Pennsylvania, Alabama, Virginia, and West Virginia. However, not all employees oppose the deal; on Wednesday thousands rallied outside U.S. Steel\u2019s headquarters in Pittsburgh advocating for the acquisition as a means to preserve jobs. David B. Burritt, President and CEO of U.S. Steel urged elected officials at both state and federal levels to recognize both the advantages of this deal and its potential consequences if it fails\u2014highlighting that without federal approval they will shift away from their blast furnaces like those at Mon Valley Works which is set for a $1 billion upgrade contingent on this deal going through. Deluzio emphasized that corporate leaders need to prioritize values beyond merely seeking out low-cost labor and lax environmental regulations while an economic impact study by the Pennsylvania Economy League indicated that nearly 31,000 individuals are employed within Pennsylvania\u2019s $33 billion steel industry in iron and steel mills as well as ferroalloy manufacturing by 2024<\/p>\n","protected":false},"author":1,"featured_media":2337152,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/07\/Nippon-USS-Deal-scaled-1024x711.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[35077,12169,40174,4857,40173],"class_list":["post-2337151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-economic-impact","tag-manufacturing","tag-nippon-deal","tag-pittsburgh","tag-u-s-steel"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/07\/Nippon-USS-Deal-scaled-1024x711.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2337151","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=2337151"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2337151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2337152"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2337151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2337151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2337151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}