If they become a part of Nippon they will be a part of one of the worlds top steel companies and will be able to compete with the Chinese.

@stevekalis139

3 ай бұрын

Who’s to say they don’t sell out to china in the end? Nobody thinks about the future anymore everyone just wants to make a quick buck and to hell with the consequences……

Back in the 1980s Nippon bought National Steel. They were doing well until the late 1990s when they hired away an executive from US steel to be their CEO. He then hired away more executives from US Steel, and a few years later National Steel went through scandals caused by the CEO and executives, and went bankrupt. Its kind of Ironic US steel if failing and Nippon is buying them. I hope this time Nippon is smarter and dont keep the US Steel executives. They seem to have a talent of driving companies into the ground.

This is how Canadians felt when tim Hortons was bought by burger king lol

@joshuadunford3171

5 ай бұрын

And Burger King is owned by a Canadian company

They or any other company should not be allowed to be sold to an overseas company.

@kamsunleong6648

7 ай бұрын

Japan is your vassal state. So it's just a sale among family members.

@bernardobiritiki

6 ай бұрын

The market is free until X ententy buys it

Nothing competes with Japanese quality, not even Germany.

If they didnt before, they certainly got us by the balls.

I worked there for three years in management. That place lives and dies in the accounting department. The only reason I believe US steel would sell is because better that than go bankrupt and everyone loses everything.

@philhall5682

7 ай бұрын

They aren't going bankrupt you're AI or Chinese operative trying to influence the uninformed in America. Not real person or real opinion it wasn't at risk of bankruptcy and if they filed for bankruptcy the company would be bailed out and no one would lose Jobs so makes no sense

Work for US Steel Gary Works for 31 years and I've been retired for 24 years thanks to Local 1014. The good times are really over and job security and union presentation is out the door. I give it four years down the road and a soup line will stretch up and down Broadway

@damham5689

7 ай бұрын

Corporate and investor greed and Automation will be the cause of soup lines. And then after a few years when so many are under and unemployed that they cant buy products, corporations and investors will demand governments bail them out, with a good profit to boot.

@themopar426

5 ай бұрын

thats my worthless steel workers union for ya!

NO!..don't do it! I remember what happen to my Granddad and uncles who worked at sparrows point ship and steel yards in the 70's in Maryland..the Board members have been promised millions and they are selling us out......don't allow it

The Steel industry has been being sold out for the last 50 years and this is the final punch. Shame on the greedy CEOs who could not complete in a global market in a fair way. Their way of competing was how to pack their pockets with more millions on top of the millions they already have.

American firm can own assets in other nations but other nations can not own assets is America, give me a beak.

@jonny-b4954

7 ай бұрын

As it should be. We're America. We need to stop our companies from selling out for profit as if they dont profit extravagantly anyways. Plus there goes my #1 stock. Well #2 behind Nvidia.

@a61374

7 ай бұрын

@@jonny-b4954 then by your logic, foreign companies should do the same and block any US companies. US accuse others of xenophobia when they are no different.

@joshuadunford3171

5 ай бұрын

We do own assets in other nations Military bases There is a Japanese green tea company owned by coke Tim Hortons (bought out by Burger King)

@jonny-b4954

5 ай бұрын

@@joshuadunford3171Yeah, just feels weird to care about being hypocritical on this. Humans are hypocritical sometimes. And like I said, we're America and they're not. To act like we're not in charge in financial and economic matters (at least, for now) is kind of silly when there's an 800 lb elephant in the room. Our military, haha. I think it's just letting the system we've built, that's benefited us so much, get a wee bit out of control. We're back to monopolies, but they're not truly monopolies, they're conglomerates. And have agreements between the top 2 or 3 companies that is all that's left in most industries, to basically act as one.

@redx1106

3 ай бұрын

Americans want to own everything

The plant looks wore out ! JS

It’s a public company, no? The moment you sell shares of the business in the open market you already allowed yourself to be bought. If the US government cared that much they should have become a major shareholder but god forbid the US government buying up companies.

what mills will Nippon shut down? Pittsburgh Gary' Fairless?

Hey, how come Germany, France, or England did not offer to buy it? If so, you would not be seeing this video. Harley Davidson is owned by Hindus. Who owns Budweiser?

What's the outrage for, it's business.

joe for unions,lol, Ask railroad unions when he forced them to not strike.

@gercey3314

6 ай бұрын

Then went and got a better deal than they were striking for. If you are going to tell a story, tell the whole story.

Actually, It is a good news for Japanese people, because Japan is not a place to get tons of irons. And, There is not a big risk for American people, because Japan doesn’t have a military.

Bigly sad!

Yeah the union workers are outraged because they won't be able to sit around and drink alcohol and do drugs on the job anymore.

@rayelj2433

7 ай бұрын

What?? We get to drink and do drugs while at work?? I must be at the wrong plant.

@kskip4242

7 ай бұрын

@@rayelj2433 Granite city Il.

😂😂😂😂 This is your Democratic party

@damham5689

7 ай бұрын

This shows the ignorance of maga

@joshuadunford3171

5 ай бұрын

Even under Bush and Trump American companies have been bought out by foreign companies. It’s part of having a capitalist free market. Want a government where all business are American owned and the us government keeps control of them all? That’s socialism. As much as I don’t entirely like or trust the deal, the Owner of US steel has the right of a capitalist to sell his company to whoever he sees fit. So no this isn’t just the Democratic Party but the free market in action

For once Fetterman is right.

It won't be sold to a Japanese company, china has set up a company in japan as a front.

@jetscreamer1

7 ай бұрын

I knew a MAGAt RepubliKKKan like you will drag China into the conversation.

@logicalgoblin454

7 ай бұрын

Show me gov statements where I can read this

@ThailandEnthusiast

7 ай бұрын

@@logicalgoblin454 follow the money

Japan will end up selling U.S steel to the Chinese for 30 billion 😂

We learned nothing from Covid

@machinacheater7725

7 ай бұрын

Wtf LMAOO. Actual racist

Trump came the closest to stopping all this. We strangled our own revenue stream. RIP US Steel.

@jonny-b4954

7 ай бұрын

Trump dont give a fuck about anything but pandering. Dude to next to nothing with his power. Status quo besides his disgusting language.

@user-xq1wz3tp5z

7 ай бұрын

See: kzread.info/dash/bejne/l2mst7qIqMTIgNo.html Americans are happy to sell US assets abroad. Japanese are close allies in Asia, and tend to be good stewards of manufacturing facilities, even investing in newer technology (which American owners generally don't do).

@joshuadunford3171

5 ай бұрын

It still will exist. Just under a parent company. Burger King still exist even though they moved to Canada

LMAO lets go biden

Soon to be: * Tokyo Steelers. * Rising Sun Stadium. * Kamikaze Terrible Towels. * Tokyo Rose's Great, Great, Great (Great?) Granddaughter as Commentator of all Games. Not Possible, a month ago would you think a Japanese Steel Company could buy US Steel!?!?

Well Biden voters what did you expect ? You got what you voted for 🤷🏻‍♀️

Remember Pearl Harbor.

@kskip4242

7 ай бұрын

That's the problem most people don't. Those who don't learn from history are doomed to repeat it. This time our country is in a weak place. And with millions of illegal immigrants coming in through the southern border I have a feeling bad times are just around the corner.

@ZzXZ636

7 ай бұрын

Evidence know it was a false flag to make Americans join the war .

@sewerrat883

7 ай бұрын

What a pearl harbor? 😅

@ksheppard1234

7 ай бұрын

Our most eastern ally. Calm down, so much over reacting. It was gonna go belly up anyway.

STOP THIS!!!

That is a mistake, literally getting rid of our own resources

@cherylsmith4826

6 ай бұрын

Why can't they see that? We don't have much else left.

Well, FJB, let’s go Brandon….Brandonomics at work🇨🇳🐑