Nippon Steel Opposes Cleveland-Cliffs' Bid for U.S. Steel
Tokyo, Jan. 14 (Jiji Press)--Nippon Steel Corp. voiced Tuesday strong opposition to a reported bid by Cleveland-Cliffs Inc. for United States Steel Corp., reiterating its determination to complete its proposed acquisition of U.S. Steel.
"Nippon Steel remains the only partner for U.S. Steel that can keep the company intact and the blast furnaces running, protect jobs, and deliver the technology and investment so that it can successfully compete on the global stage," the Japanese steelmaker said in a statement.
(2025/01/14-18:22)
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