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Nippon Steel To Spend $3Bn On U.S. Steel Plant To Update 90-Year-Old Hardware, says Nikkei

By Reuters News

Oct 22 (Reuters) - NIKKEI:

  • NIPPON STEEL TO SPEND $3BN ON U.S. STEEL PLANT TO UPDATE 90-YEAR-OLD HARDWARE

  • MON VALLEY WORKS IS OPERATED BY SUBSIDIARY U.S. STEEL

  • NIPPON STEEL INVESTMENT WILL BE FOCUSED ON A HOT-ROLLING FACILITY

  • NEW EQUIPMENT IS SET TO ENTER OPERATION IN THE SECOND HALF OF 2029


Further company coverage: 5401.T

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