The company behind the eponymous "Steel City" may be a Pittsburgh icon no more. U.S. Steel, founded in the city more than 120 years ago, said Wednesday that without Japanese-owned Nippon Steel’s $14.9 billion acquisition, it would relocate out of Pittsburgh – dealing an economic and symbolic blow to Pennsylvania. The comment comes as multiple media reports suggest 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.
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Full story:https://www.thecentersquare.com/pennsylvania/article_b8d5a4b4-6b07-11ef-b10c-6be1271c8586.html
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