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Steel rolls are seen in US steel – President Donald Trump, 30, 2025, 2025 in the 2025 Rally in the Rally, Iryvin in Pennsylvania, Pennsylvania, Petsburvaniya works in Pittsburvang.
Saul Loeb | AFP | Getty pictures
US steel stocks stopped trading on the New York Exchange on Wednesday after the Nippon steel of Japan completed the purchase On behalf of Iconic American Industrial.
President Donald Trump From weekly companies insisted that the US steel will be “partnership” that the American would remain.
However, the New York Stock Exchange told the Securities and Exchange Commission on Wednesday that the shares of the US steel will be removed from the list, then Nippon Steel became completely assistant to North America.
According to a warning from NYSE, US steel shares stopped after the completion of trade processing and NYSE at 8:30 in the morning. According to Nayse, the selists will be effective on June 30.
Trump, Nippon was against the 2024 presidential election, he opposed the US steel proposal, but after ordering a new research in the transaction in April. Former president Joe Biden rich The Nippo was blocked In January, referring to the National Security Concerns.
Trump has been declared “Partnership” between the United States and Nippon in May 23 post The truth of the social media platform causes confusion about the fact that the structure of the original transaction, which causes confusion between social, investors and members of the union.
US Steel and Nippon began to adopt the “partnership” of the president, although The terms of the original 2023 A combination agreement in SEC and documents. The United States will continue to operate under the name of steel.
Gold share
Trump has forced the US steel and nippon Sign up to the National Security Agreement As a condition to clear the contract with the US government.
US President A “Gold Pay” According to the terms of the agreement. The US steel said that the share of the gold gives the strength of the golden veto on the following decisions:
- Change the name of the US steel or change the head office from Pittsburgh
- To transfer US steel outside the US
- Production or jobs outside the United States
- Some decisions related to the welding or closing of the US Celik domestic production facilities, trade, labor and outside the United States
- Reduction of capital investments under the National Security Agreement
- Material purchase of competitive enterprises in the United States
According to the terms of the National Security Agreement, the US Steel Board members and its CEO will be a US citizen. Nippon also agreed that the US steel will enter the United States
Nippon will invest In 2028, the $ 11 billion steel in 2028, the Greenfield project, which will be completed since 2028, is $ 1 billion.
