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The United Steelworkers (USW) union, which maintains a collective bargaining agreement with the company, endorsed Cliffs' offer as the "best strategic partner", as phrased by USW president David McCall. [29] U.S. Steel ultimately declined the deal, suggesting that Cliffs was attempting to prevent the company from conducting due diligence. [30]
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce. The board, which was jointly ...
(Reuters) - United Steelworkers president David McCall filed a motion to dismiss a lawsuit filed against him by U.S. Steel and Nippon Steel, the union said on Wednesday. The two steelmakers filed ...
HARRISBURG, Pa. (AP) — The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge ...
USW holds a large concentration of workers in the influential swing state of Pennsylvania, U.S. Steel and Nippon Steel said in Monday's statement. The union says it currently has 1.2 million members.
Nippon paid a hefty premium to clinch the purchase of the No.2 U.S. steel producer in a December 2023 auction, but the deal faced opposition from the powerful United Steelworkers union (USW), as ...
U.S. Steel has previously said the deal's failure would put thousands of U.S. union jobs at risk and that it may be forced to close some steel mills. The United Steelworkers union, which opposes ...
800-290-4726 more ways to reach us. ... . Steel has previously said the deal's failure would put at risk thousands of jobs and it might be forced to close some steel mills, an assertion the USW ...