Nippon Steel executive to negotiate with union on U.S. Steel deal

Japan steelmaker aims to complete purchase before November presidential election

20240304N Nippon Steel logo

Nippon Steel's plan to purchase U.S. Steel is facing increased political risk ahead of the U.S. presidential election this fall. (Photo by Mizuho Miyazaki)

SHUHEI OCHIAI, Nikkei staff writer

TOKYO -- Nippon Steel aims to gain the United Steelworkers (USW) union's support by the end of April for its planned purchase of U.S. Steel, a senior executive said, as the company races to complete the deal before the U.S. presidential election later this year.

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