(File Photo: Source for Photo: FILE – A water tower at United States Steel Corp.’s Edgar Thomson Plant in Braddock, Pa., is seen, Thursday, May 7, 2020. On Sunday, Aug. 13, 2023, U.S. Steel said that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited offers. (AP Photo/Gene J. Puskar, File)

Noah Haswell, Beaver County Radio News

(Pittsburgh, PA) Nippon Steel now has just over two weeks to think about acquiring U.S. Steel after the President of the United States processes the addition of U.S. Steel for fifteen billion dollars. President Joe Biden now only has fifteen days to refer this matter to determine whether the purchase will be a true trade for the company. On Thursday, Nippon Steel commented in a statement that the Committee on Foreign Investment in the United States decided on Monday to analyze gaining U.S. Steel to their company. Nippon Steel will be closing around the opening quarter of 2025. The third or final fourth of this year was the original date that the company was set to be closed.