Steelworkers union criticizes Nippon Steel’s proposal for lack of long-term commitment By Reuters
(Reuters) – The United Steelworkers union expressed concerns about Nippon Steel’s latest proposal that gives the U.S. government veto power over any potential reductions in U.S. Steel’s production capacity, if they get the approval to merge. The union, which has opposed U.S. Steel’s merger with the Japanese steel giant, said Nippon’s offer fails to commit … Read more