Nippon Steel to spend $3 billion on U.S. Steel plant in Pennsylvania, Nikkei reports

By Reuters News

- Nippon Steel5401.T will invest about $3 billion in the U.S. Steel-operated Mon Valley works in Pennsylvania, the Nikkei newspaper reported on Thursday.

The Japanese steelmaker's investment in its US unit's plant will be focused on a hot-rolling facility, the report said.

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