Stauber to Attend President Trump’s Rally in Pittsburgh Celebrating U.S. Steel-Nippon Partnership

PITTSBURGH, PA – Today, Congressman Pete Stauber (MN-08) will join President Donald Trump, Members of Congress from the Pennsylvania delegation, and local steelworkers at the U.S. Steel Irvin Works Plant in Pittsburgh to celebrate the new and historic partnership between U.S. Steel and Nippon Steel.

Of this partnership, Congressman Stauber stated, “The partnership between U.S. Steel and Nippon Steel will revive America’s steel industry, and the benefits will be felt right here in Northern Minnesota. This deal will inject $14 billion in new, capital investments, including an estimated $800 million for U.S. Steel's Iron Range taconite mining operations. This significant investment will create jobs and strengthen our region’s proud iron mining legacy for generations to come. I thank the President for his decisive leadership on the matter, and for making American Steel Great Again.”

BACKGROUND: 

Without this partnership, U.S. Steel faced an uncertain future. This iconic American company was in jeopardy of being split up, thousands of jobs would have been lost, and China would have been enabled to attempt its dominance in global steelmaking.

Instead, this historic partnership will save jobs and strengthen American steel production, improving the domestic steel supply chain for vital products such as cars, appliances, ships, pipelines, and more. Northern Minnesota will greatly benefit from the partnership, as the iron ore and taconite mined on the Iron Range is used to make approximately 80% of the country’s domestically produced steel.

Under this partnership, U.S. Steel will remain headquartered in Pittsburgh, Pennsylvania under American control: 

• U.S. Steel will maintain its production locations and capacity in the United States. American jobs are protected and cannot be offshored.
• A majority of U.S. Steel’s Board of Directors must be American citizens.
• U.S. Steel’s key management team, including the CEO, will all be American citizens.
• U.S. Steel’s trade actions will continue to be determined solely by American citizens, with oversight from the U.S. government.
• U.S. Steel will honor existing labor commitments with the United Steelworkers (USW).  

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