USW Opposes US Steel-Nippon Deal, Urges Regulatory Scrutiny (2)

The United Steelworkers is urging US regulators to scrutinize Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp. as it rebukes the iconic American company for agreeing to sell to the Japanese producer.

The influential union representing a large contingent of US Steel employees is pressing for regulators to review the deal to decide if it benefits workers and serves US national security interests, according to a statement by USW President David McCall. US politicians also started weighing in later Monday on the deal, citing concerns about what the deal means for union workers.

Nippon Steel ...