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[Steelworkers Union Rejects Nippon Steel's U.S. Steel Bid, Citing National Security Concerns] The United Steelworkers Union Reiterated Its "unalterable" Opposition To Japan's Nippon Steel's $15 Billion Bid For U.S. Steel In A Letter To Treasury Secretary Scott Bessent Late Monday. The Union Cited Deep National Security And Economic Concerns, Including Issues With Nippon's China Capacity And A Recent Preliminary 205% U.S. Commerce Department Tariff, Stating Initial CFIUS Review Mitigations Were Insufficient.
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