M&A

US Steel union rejects Nippon deal amid takeover controversy

US Senators warn of the Japanese steelmaker’s ties to China

An electric arc furnace at US Steel's Big River Steel Works. Credit: US Steel

An electric arc furnace at US Steel's Big River Steel Works. Credit: US Steel

United Steelworkers (USW), the union representing US Steel's employees, said it doesn't support Nippon Steel's draft agreement in the takeover of the US steel giant. In December, US Steel announced...

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