Sept 3 (Reuters) - Nippon Steel ( NISTF ) said on
Wednesday it has resolved all legal disputes with the United
Steelworkers union and steelmaker Cleveland-Cliffs ( CLF ) tied
to its $14.9 billion acquisition of U.S. Steel, which closed in
June.
The settlement includes the dismissal of a lawsuit brought
by Nippon Steel ( NISTF ), its North America unit and U.S. Steel against
USW President David McCall, as well as the withdrawal of an
unfair labor practice charge the union had filed against U.S.
Steel with the National Labor Relations Board.
The companies also dropped claims involving Cleveland-Cliffs ( CLF )
and its CEO Lourenco Goncalves, who had opposed the deal.
Nippon and U.S. Steel had accused Cleveland-Cliffs ( CLF ), its CEO
Lourenco Goncalves and United Steelworkers President David
McCall of trying to block the deal.
The union had also filed an unfair labor practice charge
with the National Labor Relations Board, alleging U.S. Steel
intimidated workers and sought to suppress opposition to the
sale.
The buyout, announced in late 2023 and completed on June 18,
2025, faced months of political scrutiny and union resistance
over foreign ownership of a storied American steelmaker.
Nippon said no financial compensation was exchanged as part
of these settlements. The parties added they remain focused on
steelmaking operations and collective bargaining.