All articles tagged with #iron range
The article discusses how Donald Trump capitalized on opposing the U.S. Steel and Nippon Steel merger, which Joe Biden opposed for political reasons, leading to a political shift in Minnesota's Iron Range, a traditionally Democratic and union-heavy area, now leaning Republican.
Japanese company Nippon Steel has announced a $14.9 billion deal to buy U.S. Steel, causing uncertainty and nervousness among the people of Minnesota's Iron Range. While Nippon has vowed to honor union contracts and has highlighted the importance of the Minnesota ore operations, concerns remain about the long-term goals for the iron mines. The United Steelworkers union expressed disappointment in the deal, preferring U.S. Steel to be bought by Cleveland-Cliffs. The sale opens up new possibilities for the region, but there are concerns about a foreign-owned company taking over an iconic American company.