Fears that the U.S. auto industry could face monopolistic pricing and dwindling investment into its preferred steel production are mounting after President Joe Biden on Friday blocked a Japanese compa ...
and the resilience of its supply chains,” Patterson said. In a separate lawsuit filed in the District Court for the Western District of Pennsylvania, the companies accused steel-making rival ...
bolstering the American steel supply chain, and strengthening America’s domestic steel industry against the threat from China,” the companies said in a prepared statement Monday.
“I know you are both aware of the supplier pressure we’re facing ... the company never let on that it might be close to shutting down for good, employees in attendance told CNN.