US Steel's (X) acquisition by Japan's Nippon Steel faced renewed opposition from United Steelworkers International President David McCall, who called on the Trump administration to "act decisively" to block the sale.
The sale "will be a disaster for American steelworkers, our national security and the future of American manufacturing," McCall said Thursday in a statement after reports that the Committee on Foreign Investment in the US submitted its recommendation to President Donald Trump,
An increasing number of steelworkers have supported the deal, urging Trump to approve the sale, Bloomberg reported Thursday, citing an interview with a United Steelworkers local vice president.
US Steel and Nippon Steel didn't immediately reply to requests for comment from MT Newswires.
US Steel shares rose 2.1% in recent trading Thursday.
Price: 42.89, Change: +0.87, Percent Change: +2.07
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。