Shiver Me Timbers! Trump Sails the Steel Seas with Nippon!

Why is the Steel Always Gone?

Savvy? It appears the winds of fortune have shifted yet again! Yours truly Captain Jack Sparrow reporting live from… well wherever there's rum and a good story. Seems President Trump aye the one who fancies himself a bit of a commodore has declared a ‘partnership’ between U.S. Steel and Nippon Steel. I reckon he muttered something about 70,000 jobs and a treasure chest worth $14 billion for the U.S. economy. Now I've seen more reliable maps drawn in the sand but let's see where this current takes us.

Pittsburgh Remains the Home of U.S. Steel! Like Tortuga is to Pirates

According to Trump the headquarters for U.S. Steel will remain in Pittsburgh the bulk of the investment is expected to happen over the next 14 months. Pittsburgh’s the place of steel eh? Where all the um... steely things happen. I’ve been there once before though I might have been drunk. The steel industry is to Pittsburgh as Tortuga is to pirates. As the saying goes 'Not all treasure is silver and gold mate.' Sometimes it's the grit and metal of a good steel mill.

Biden's Blockade! Thwarted?

Now here's where it gets interesting. Captain Biden back in January put a stop to Nippon Steel's grand plan to buy U.S. Steel for a hefty $14.9 billion citing 'national security concerns.' He said something about supply chains which sounds suspiciously like he's worried about running out of biscuits for tea. However Trump never one to let a good blockade stand ordered a 'review' in April. 'Whether further action in this matter may be appropriate.' Aye he wanted to determine if this partnership might just be the key to opening up a few treasure chests after all.

Steel Shares Soar! Like the Black Pearl in Full Sail

Word on the decks is that U.S. Steel shares surged more than 20% after Trump's announcement closing at $52.01 per share. That's like finding a chest full of doubloons after a long voyage! The stock must be as fast as the Black Pearl that's the only possible explanation. Of course one wonders if this is just a fleeting mirage or a true course correction.

A Rally in Pittsburgh! To Celebrate?

Trump plans to host a rally at U.S. Steel in Pittsburgh on May 30th. Now I've never been one for rallies preferring a quiet drink in a dark corner but I will say this: if there's free rum I might just show up. And like comment.

But Why is the Rum Gone? A Parody

So there you have it mates! A tale of steel politics and potentially a lot of money. Will this partnership bring prosperity or will it sink faster than a galleon with a hole in its hull? Only time and perhaps a few more bottles of rum will tell. But remember as I always say: 'The problem is not the problem. The problem is your attitude about the problem. Do you understand?' In conclusion whether this partnership is a masterstroke or a fool's errand one thing's for sure: it's a story worth following with a tankard in hand of course.