Steel

Nippon Steel’s US Steel Corporation Offer Should Be Killed, CPA Board Member Bill Jones Believes. Here’s Why.

The world’s fourth largest steel producer – Nippon Steel of Japan – made an offer to buy the third largest steelmaker in the U.S., U.S. Steel Corporation, in an all cash purchase priced at $55 a share in December, nearly double the company’s share price from early August.

Economic View: U.S. Steel Must Stay American

Japanese steelmaker Nippon Steel has offered $14 billion for historic American company U.S. Steel. The deal is a bad idea. It’s bad for America, bad for steelworkers, bad for the U.S. manufacturing base. It’s even bad for U.S. Steel itself. The U.S. has four major steelmakers. They are essential to the success and prosperity of…

How Steel Tariffs Are Helping US Workers

This article is an expanded version of testimony delivered by Mr. Ferry to the U.S. International Trade Commission on July 22, 2022.   The Section 232 steel tariffs have benefited the U.S. steel industry and its workforce American steelworkers earned an average of $117,200 last year, making steel one of the best-paying industrial sectors in…