The union says it has raised concerns since the sale of U.S. Steel to Nippon Steel, Japan's largest steelmaker, was proposed in 2023. The union says U.S. Steel initiated a coordinated attack to ...

The United Steelworkers Union has filed an official information request to U.S. Steel regarding its proposed partnership with Nippon Steel. A Northwest Indiana steel expert said that while details ...

Nippon Steel’s attempt to acquire U.S. Steel appears poised to fail because of union opposition and national security concerns. Updated September 11, 2024 9 min ...

The union has, however, shown its support for Cliffs, which was reported to be partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel last month.

Jan 2 (Reuters) - The United Steelworkers union expressed concerns about Nippon Steel's (5401.T), opens new tab latest proposal that gives the U.S. government veto power over any potential ...

In September, U.S. Steel CEO David Burritt said it will "largely pivot away" from its blast furnace facilities, putting thousands of union jobs at risk, without a sale. U.S. Steel added that a ...

Nippon Steel has repeatedly rejected the union's claims, insisting it isn't buying U.S. Steel to close it. U.S. Steel shares fell 1.2% at $40.09 in after-hours trading on Tuesday.

Attorneys for U.S. Steel argued in federal court in Pittsburgh on Wednesday that statements by rival Cleveland-Cliffs and the head of the United Steelworkers union amounted to an illegal ...