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A group of Canadian steel producers said the government’s plan to restrict foreign steel imports isn’t strong enough and warned that the industry is set to shed thousands more jobs.

Nippon Steel has bolstered its pledge to invest in U.S. Steel in the event that President Donald Trump approves the Japanese company’s proposed $14.1 billion takeover.

President Donald Trump ordered a review of the potential sale of U.S. Steel Corp. to Nippon Steel Corp., opening the door to amend a decision by his predecessor to block the transaction.

Ancora Holdings Group has unveiled a turnaround plan for U.S. Steel that it estimates would deliver shareholders more than $75 per-share in value, if a takeover by Nippon Steel falls through.

U.S. Commerce Secretary Howard Lutnick has emerged as a key player in determining the future of United States Steel Corp., holding back-to-back meetings with rival bidders for the American steelmaker last week.

The United Steelworkers said investor Ancora wants to sell U.S. Steel Corp.’s state-of-the-art mills to fund sweeping upgrades of union-run facilities.

A U.S. arbitration panel has come out in favor of U.S. Steel in a dispute with union workers over Nippon Steel’s plan to buy the Pittsburgh-based company, according to the United Steelworkers.