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U.S. Steel isn’t going anywhere.
Not going to pick it up and move it to Hokkaido.
No rank and file workers will lose their jobs (that they would if Nippon didn’t make the buy.)
Management will include “some” Japanese nationals, but that’s it.
Management not retained will get a sweet, sweet goodbye package.

The Japanese are putting BILLIONS of dollars into the former company, and by extension the Pittsburgh community; BILLIONS that Wall Street would NOT.
And neither would the government, nor should they.

Back in the 90’s the Japanese made a similar buy and bought 30 Rockefeller Center in NY.
And America went berserk!!!
Front page everywhere and on every news show!

It’s still there, Christmas trees every year!
And owned by Americans.

They also bought almost every hotel on Waikiki. Today they don’t own one of them