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Nippon Steel’s Mori asks USW leadership to ‘come to the table’

2024.09.23 20:15

TOKYO (Reuters) – Nippon Steel Vice Chairman Takahiro Mori said on Tuesday the Japanese company remains committed to talks with the United Steelworkers (USW) over its bid to acquire U.S. Steel.

© Reuters. FILE PHOTO: Takahiro Mori, executive vice president of Japan's biggest steelmaker Nippon Steel Corp, speaks about its strategy to Reuters in an interview in its headquarters in Tokyo, Japan November 28, 2023. REUTERS/Ritsuko Shimizu/File Photo

Mori, the key negotiator of the $14.9 billion buyout deal, said USW President David McCall “has not seriously considered any of the proposals that we have presented” in a letter to the U.S. Steel employees.

“We just need USW leadership to come to the table. I am hopeful they will do so in the very near future,” Mori wrote.



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