US Steel wants to accelerate investments, bring back jobs

United States Steel would like to accelerate its investments and hire back laid-off employees now that Donald Trump will be occupying the Oval Office, CEO Mario Longhi told CNBC on Wednesday. “We already structured to do some things, but
when you see in the near future improvement to the tax laws,

improvements to regulation, those two things by themselves may be a significant driver to what we’re going to do,” he said in an interview with CNBC’s “Power Lunch.” In addition, the belief that the U.S. economy can grow at least 3.5 percent also adds to what the company can do, Longhi noted. READ MORE