Steel is a commodity and an important asset to the United States.
What do you think is going to happen? Fire the current employees (or 'lay' them off) than rehire all those illegals who are currently looking for jobs. Great replacement anyone??

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By Kristen Altus

In December, U.S. Steel announced that it would be selling the company to the world's No. 4 steelmaker, Japan’s Nippon Steel. The deal was valued at $14.9 billion, a 40% premium to what U.S. Steel’s stock was at the time.

And while shareholders have seen positive returns due to the merger, union members are expressing concerns about their job security and a future with a foreign company.

U.S. STEEL ANNOUNCES PLANS TO LAY OFF HUNDREDS AT SOUTHERN ILLINOIS MILL

"I feel like they already haven't put America first, by selling out to a foreign entity," USW Local 1557 President Don Furko said.

U.S. Steel said in a February statement that Nippon Steel’s investment "will strengthen the American steel industry for the benefit of American customers, employees, and communities."

Nippon Steel also backed the original claims it would uphold and honor the union’s collective bargaining agreement, promising "no layoffs or facility closures as a result of this transaction, we will not offshore existing U.S. production capacity, and U.S. Steel’s headquarters will remain in Pittsburgh," a spokesperson noted to FOX Business.

Last year, U.S. Steel issued layoff warnings to 1,000 employees of its Granite City, Illinois, mill, saying they expect to fire 60% of workers due to indefinite idling of iron and steelmaking operations at the facility.