NEW YORK/TOKYO -- Nippon Steel is fighting to make up lost ground in the public relations campaign for its planned acquisition of U.S. Steel, as labor opposition and an unfriendly political environment sow doubt about whether the deal will go through.
U.S. Steel's board released a letter Tuesday that took the unusual step of directly accusing rival Cleveland-Cliffs of a "long-running misinformation campaign" and seeking to "correct the record."
