US STEEL LEADERS STANDING IN THE MIDDLE OF A RALLY AT HEADQUARTERS TODAY
TALKING ABOUT THE INVESTMENT, NOT JUST INTO THE COMPANY BUT
THE COMMUNITY. IF THE SALE TO NIPPON STILL
HAPPENS. AND WITHOUT THESE INVESTMENT
WITHOUT THIS MERGER, I AM VERY CONCERNED WITH THE
FUTURE HERE IN PITTSBURGH. THAT IS THE CONCERN AS NEON PROMISES UPGRADED
FACILITIES AND EQUIPMENT TO KEEP
THESE PLANTS AT THE TOP OF THE STEEL
GAME. BUT IF THE DEAL FALLS APART AS
MANY ARE SPEAKING OUT AGAINST
IT, US STEEL LEADERS DON'T BELIEVE
IT CAN KEEP UP AS A STAND ALONE
COMPANY AND NOW WE'RE GOING TO HAVE A
1938 HOT STRIP MILL TRYING TO STAY COMPETITIVE WITH HOT STRIP
MILLS THAT WERE BUILT 10 YEARS
AGO. YOU CAN DO THE MATH AND SEE WHAT
HAPPENED. I MEAN, IT'S THE SAME FATE THAT
HAPPENED WITH DUCANE, WITH
HOMESTEAD, WITH ALIQUIPPA, WITH STEEL MILLS ON THE SOUTH
SIDE. THE POTENTIAL ACQUISITION
CONTINUES TO BE UNDER SCRUTINY
AS POLITICAL LEADERS HAVE CONCERNS
OVER NATIONAL SECURITY
IMPLICATIONS. LOOK, THE FEDERAL GOVERNMENT WILL
ULTIMATELY MAKE THE FINAL
DECISION AS TO WHETHER OR NOT THE US STEEL POND
DEAL GOES FORWARD. MY FOCUS HAS BEEN AND WILL
CONTINUE TO BE ON PROTECTING AND GROWING JOBS IN THE MON VALLEY
AND ALL ACROSS WESTERN
PENNSYLVANIA. WHILE MANY SIGNS AT TODAY'S
RALLY SHOWED PEOPLE OVER
POLITICS. THE DEAL IS A TALKER IN THE
POLITICAL WORLD WITH BOTH THE PRESIDENT
AND VICE PRESIDENT. SPEAKING OUT ON MONDAY TO KEEP
US STEEL AMERICAN OWNED. WHEN YOU'RE IN PITTSBURGH, YOU'RE STANDING WITH STEEL
WORKERS. LET'S BE CLEAR, I BELIEVE IN AMERICAN STEEL
COMPANIES. AMERICAN OWNED AND OPERATED
STEEL COMPANIES.