(File Photo: Source for Photo: FILE – United States Steel’s Edgar Thomson Plant in Braddock, Pa. is shown on Feb. 26, 2019. U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The transaction is worth about $14.9 billion when including the assumption of debt. Nippon, which will pay $55 per share for U.S. Steel, said Monday, Dec. 18, 2023 that the deal will bolster its manufacturing and technology capabilities. (AP Photo/Gene J. Puskar, File)

Noah Haswell, Beaver County Radio News

(Pittsburgh, PA) According to Nippon Steel Vice Chairman Takahiro Mori, Nippon Steel is eager to return the Mon Valley region to the forefront of global steelmaking. This statement comes from a letter Mori wrote to the Mon Valley region that was published in the Pittsburgh Post Gazette this week. A deal was done last Wednesday for the Japanese steelmaker to combine with Pittsburgh-based U.S. Steel even though a proposal was made worth $14.9 billion in December of 2023.