Nippon Steel to spend $3bn on U.S. Steel plant to update 90-year-old mill
New hot roller at Mon Valley works will feature Japanese company's latest tech Nippon Steel pledged to invest 3 billion in the Mon Valley works in the U.S.
New hot roller at Mon Valley works will feature Japanese company's latest tech Nippon Steel pledged to invest 11billioninU.S.Steelthrough2028whenitpurchasedthecompanyin2025.(PhotobyHirokiEndo)TOKYO−−JapanesesteelmakerNipponSteelwillinvestabout3 billion in the Mon Valley works in the U.S. state of Pennsylvania, Nikkei has learned, as part of a plan to invest $11 billion in America through 2028.