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Nippon Steel says no layoffs, no plant closures at US Steel till 2026
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Nippon Steel says no layoffs, no plant closures at US Steel till 2026
Mar 14, 2024 9:38 PM

TOKYO (Reuters) - Japan's Nippon Steel ( NISTF ) said on Friday that under its proposed takeover of U.S. Steel there would be no layoffs and no plant closures until September 2026, under certain conditions.

Nippon Steel ( NISTF ) said in the statement it is progressing through regulatory review of the deal and determined to see it through.

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