U.S. STEEL AND NIPPON STEEL DEAL BEING FINALIZED

A deal to merge U.S. Steel and Nippon Steel is being finalized.  Under the agreement, U.S. Steel will keep its headquarters in Pittsburgh and more than 100-thousand jobs are expected to be created across the country.  The agreement states that Nippon Steel will invest eleven-billion-dollars in new investments in U.S. Steel by 2028.  The deal also ensures that the majority of U.S. Steel’s board of directors, including its CEO, will be American citizens.