Opposition Mounts Against Proposed Sale of U.S. Steel to Japanese Multinational Company
Opposition Mounts Against Proposed Sale of U.S. Steel to Japanese Multinational Company | Workerscompensation.com
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Opposition Mounts Against Proposed Sale of U.S. Steel to Japanese Multinational Company | Workerscompensation.com
PITTSBURGH (PAI)—The Steelworkers are openly opposing the proposed $1.4 billion sale of U.S. Steel, the longtime representative of U.S. industrial might, to Nippon Steel of Japan. And a top adviser to Democratic President Joe Biden is wary of it, too. This isn’t the first time this year U.S.
The United Steelworkers union is demanding to meet with the U.S. Steel CEO David Burritt about the proposed $14.9 billion sale to Nippon Steel.
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The $14 billion deal will likely be reviewed by the secretive Committee on Foreign Investment in the United States.