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Nippon Steel says no layoffs, no plant closures at US Steel till 2026

TOKYO: Japan’s Nippon Steel said on Friday that under its proposed takeover of US Steel there would be no layoffs...
15 Mar, 2024
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TOKYO: Japan’s Nippon Steel said on Friday that under its proposed takeover of US Steel there would be no layoffs and no plant closures until September 2026, under certain conditions.

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Nippon Steel said in the statement it is progressing through regulatory review of the deal and determined to see it through.

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