Business dealsNippon Steel aims to rewrite 'inaccuracies' by USW over U.S. Steel deal
Letter to company's workers reiterates 'binding' promises to protect them
A U.S. Steel plant in Pennsylvania. Nippon Steel has vowed to maintain blast furnace operations at U.S. Steel mills and protect the jobs, benefits and pensions of current workers and retirees. © Kyodo
SAYUMI TAKE, Nikkei staff writer
September 24, 2024 11:48 JST
TOKYO -- Nippon Steel has addressed a letter to U.S. Steel employees aiming to directly communicate its commitments regarding the planned buyout of the company and straighten out what it calls incorrect claims made by the leadership of the United Steelworkers union.