Reported about 11 hours ago
The White House intervened to prevent US Steel from halting operations at its Granite City Works plant in Illinois, due to a national security agreement with Nippon Steel. Commerce Secretary Howard Lutnick announced the intervention, which leverages President Trump's 'golden share' authority, allowing federal oversight over certain decisions by US Steel. Following the intervention, US Steel reversed its decision to stop processing steel slabs, reaffirming its commitment to operations at the facility.
Source: YAHOO