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U.S. Steel, Which Helped America’s ‘Arsenal of Democracy’ Defeat Japan in WWII, Sold to Japanese Company

The United States Steel Corporation, which played a critical role in helping the Allies defeat Imperial Japan and Nazi Germany in World War II, is now being sold to Japan’s largest steelmaker.

Early on Monday, executives with U.S. Steel and Nippon Steel Corporation announced the nearly $15 billion deal, which vows to uphold the U.S. Steelworkers’ (USW) labor contract and will be completed mid-2024, though shareholders for U.S. Steel must still give their stamp of approval.

Following news of the deal, USW President David McCall blasted the decision as “the same greedy, shortsighted attitude that has guided U.S. Steel for far too long.”

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10 thoughts on “U.S. Steel, Which Helped America’s ‘Arsenal of Democracy’ Defeat Japan in WWII, Sold to Japanese Company”

  1. American Steel has been dead for some time now. Most facilities run skeleton crews electro-plating foreign tin for cans. The few blast furnaces left pouring maybe twice a week and the Mills are polluted wasteland brown zones that cannot even be developed and the communities that once surrounded them are now condemned and abandoned.

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