[SeekAndFind]

This merger has significant implications for national security and the domestic steel industry. Japan is a close U.S. defense treaty ally, and its investment in the American steel industry will secure critical supply chains for U.S. steel customers and suppliers.

This will enhance the resilience of these supply chains and support vital American industries, including automotive manufacturers. The equitable partnership with a Japanese company strengthens the bond between the two nations, ensuring a reliable supply of steel for defense and infrastructure needs.

Contrary to concerns about outsourcing and job losses, Nippon Steel has reassured stakeholders that they have no plans to shift production to other locations outside of the United States.

Their focus is on growing U.S. Steel into the best, strongest, and cleanest steelmaker in the country, providing high-quality American-made steel. This commitment to retaining and expanding U.S. Steel's business will help preserve and create jobs within the American steel industry.

[chajin]

Fully agree.

Japan stopped being our enemy 80 years ago, and stopped being our rival for all practical purposes 35 years ago. They are in the Pacific what Britain has been in the Atlantic, and together, along with the other rim nations (Taiwan, Philippines, Anzac, Viet Nam, Thailand, India), can act as a wall of freedom against China and Russia. Having a marriage of steel production is a good step in that direction.

(Michael, we’re bigger than Nippon Steel!)

[jettester]

The old, shutdown Fontana plant was used to shoot scenes for many famous movies in the 80’s and 90’s.

[Nextrush]

Japan is a major holder of the US national debt so this kind of situation seems logical. China and the UK are also in the top three in that category last info I looked at.

[Olog-hai]

The merger presents a unique opportunity to preserve the history and legacy of the American steel brand while embracing a cleaner and more sustainable future.

No Japanese kabushiki gaisha is interested in preserving the history and legacy of a non-Japanese country’s steel brand, particularly that of a “former” enemy. The fact that Larson is framing this in envirowacko terms certainly indicates his disingenuousness with respect to this move.

[proxy_user]

In any case, both Nippon and US Steel are now tiny companies competing against much larger competitors. This merger will make them viable.

[central_va]

Until the Japs shut our steel down. Which they will do.

[minnesota_bound]

Nippon Steel has announced it will melt down all WW2 US ships...