08:41 AM EST, 12/09/2024 (MT Newswires) -- Nippon Steel sent a letter addressed to US Steel employees, detailing plans to spend 'at least' $2.7 billion in capital expenditures on United Steelworkers-represented facilities, in an effort to garner support for its planned acquisition of US Steel.

"We had hoped that continued discussions" with the United Steelworkers' union's leadership "would result in their support for the transaction."

In the letter, purportedly similar to that sent to the union's leadership, with "a few redactions," Nippon Steel addressed leadership concerns, and vowed to invest in US Steel's blast furnaces; commit at least $2.7 billion in capital expenditures to United Steelworkers-represented facilities; maintain operations at all blast furnaces currently operating; and schedule six blast furnaces for major repair or relining by 2030, among other commitments.

US Steel and United Steelworkers did not immediately reply to requests for comment from MT Newswires.