MT and X

[CaptainObvious]

https://www.nwitimes.com/business/l...e_d4ece3c2-78c5-5dbd-9b60-fd8943aca077.html#4

I live in the area and know many people who work in the mills and the management/union are far, far apart from an agreement. Could be a bump for non union companies like NU.
If Mittal goes out, USX will follow suit.

 

[dealmaker]

I lived in Pittsburgh when steel workers were striking and actor David Soul's brother was an activist minister; in the end steel workers lost.

http://articles.latimes.com/1985-05-22/news/mn-16729_1_lutheran-pastor

 

[dealmaker]

Real Steel

Nine months into the Trump administration's tariffs on imported steel, how's that going? Turns out U.S. businesses are just as dependent on foreign steel as they always were, and domestic producers have jacked up their prices to match or even exceed the price rise imposed on imported alternatives. So the domestic producers are getting richer—but U.S. businesses are simply paying more for steel than they used to. Wall Street Journal