Steelworkers union loses its arbitration case attempting to stop U.S. Steel's sale to Nippon
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An arbitration board ruled on September 25, 2024, that U.S. Steel can proceed with its acquisition by Nippon Steel, despite opposition from the United Steelworkers (USW). The board found U.S. Steel met the successorship clause of its labor agreement. USW filed grievances in January, claiming Nippon did not understand its commitments to workers. Nippon pledged to invest $1.4 billion and not conduct layoffs during the labor agreement's term. U.S. Steel CEO David Burritt expressed optimism about the deal, while USW remains opposed, citing concerns over Nippon's commitment. President Biden, Vice President Harris, and Donald Trump have all voiced opposition to the acquisition, which has significant political implications in Pennsylvania.

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https://www.pbs.org/newshour/economy/steelworkers-union-loses-its-arbitration-case-attempting-to-stop-u-s-steels-sale-to-nippon