Nippon Steel not to import from overseas mills in bid to save US Steel deal

Quick Summary:

Nippon Steel will not import steel to the U.S.from its international mills, the Japanese company's Executive Vice President Takahiro Mori said on Monday in a letter to United Steelworkers union members.

Nippon is looking to close its $14.9 billion deal for U.S.

"We are here to inform you, not to negotiate as President McCall has suggested.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapanUnited States

Topics: Mori Steel Company Nippon United Deal 2024 Steelworkers President Union Mccall

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 03:55:35 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 334 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23673808

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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News Last Updated: 55 minutes ago

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