Nippon Steel sends delegation to Washington to gauge U.S. Steel deal

WASHINGTON -- Nippon Steel sent a delegation to Washington last week to meet with lawmakers and think tank analysts for discussions over the U.S. Steel acquisition, sources told Nikkei Asia.

The visit comes one month after the Japanese steelmaker announced the roughly $14 billion deal, the company's biggest acquisition in history. The plan was immediately met with opposition from a number of lawmakers -- including Sen. John Fetterman, a Democrat from Pennsylvania, who called it "absolutely outrageous" for the iconic American steelmaker to be sold to a foreign nation. Fetterman was one of the people the Nippon Steel delegation, led by Executive Vice President Takahiro Mori, met, a source said.