Nippon Steel Proposes Giving U.S. Govt Veto over Output Cut: Paper

Washington, Dec. 31 (Jiji Press)--Japan's Nippon Steel Corp., which aims to acquire United States Steel Corp., has proposed giving the U.S. government a veto over any reduction in U.S. Steel's domestic production capacity, the Washington Post reported Tuesday, citing people familiar with the situation. The Japanese steelmaker made the proposal in a document sent to the White House on Monday ...

Nippon Steel Proposes Giving U.S. Govt Veto over Output Cut: Paper
Washington, Dec. 31 (Jiji Press)--Japan's Nippon Steel Corp., which aims to acquire United States Steel Corp., has proposed giving the U.S. government a veto over any reduction in U.S. Steel's domestic production capacity, the Washington Post reported Tuesday, citing people familiar with the situation. The Japanese steelmaker made the proposal in a document sent to the White House on Monday ...