A pair of Mon Valley-area mayors are celebrating a major moment for Western Pennsylvania industry as the Trump administration announced on Friday another hurdle to Nippon Steel’s planned acquisition of U.

Gary Mayor Eddie Melton has been supportive of a deal between Nippon and U.S. Steel for months, citing how it would benefit Gary Works. In August, it was announced that Nippon Steel would invest $300 million into the local facility. A Nippon executive later said the company would invest $1 billion into Gary Works.

President Donald Trump signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted

TOKYO -- Nippon Steel's long-sought $14.1 billion acquisition of U.S. Steel and a reported pledge of $14 billion in additional investment are raising concerns about the financial impact on the Japanese steelmaker and whether it will contribute enough profit to be worth the cost.

There are reports that Nippon will spend billions of dollars on U.S. Steel facilities in Pennsylvania, Alabama, Arkansas, Minnesota and Indiana.

On Sunday, the CBS News Chicago Investigators told you about the significant industrial pollution in Northwest Indiana and the health impact on the people living in Gary.Now, the federal government is working out a deal for a Japanese company to invest in U.

The partnership between US Steel Corp and Nippon Steel Corp has reached a new phase, with an agreement on US national security guarantees, in addition to the so-called “golden share” advantage obtained by US President Donald Trump’s administration.

There's $14 billion of investment that Nippon is going to be ... life working inside the Granite City steel plant. Williams said he worries about the impact the proposed federal deal could have ...

There are reports that Nippon will spend billions of dollars on U.S. Steel facilities in Pennsylvania, Alabama, Arkansas, Minnesota and Indiana.