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US Steel Unveils $11 Billion Investment Plan with Nippon Steel
The $11 billion plan aims to modernize U.S. Steel’s operations, unlock $3 billion in savings, and protect over 100,000 jobs across the country by 2028.
- On Tuesday, United States Steel and Nippon Steel detailed an $11 billion multiyear growth plan to be completed by the end of 2028.
- Following the historic nearly $15 billion partnership finalized in June 2025, five months before the September project approval, U.S. Steel announced the $11 billion modernization plan, with a `golden share` provision involving the federal government.
- The plan targets unlocking $2.5 billion in savings from capital investments and U.S. Steel has identified more than 200 initiatives to save money, aided by nearly 50 Nippon Steel professionals.
- The plan is designed to protect and create more than 100,000 jobs nationwide in the United States, and the announcement comes just five months after Nippon Steel finalized its partnership.
- As part of the plan, management listed specific projects, with CEO Dave Burritt saying `We have a robust pipeline of growth projects, ranging from the modernization of our Gary` and Mon Valley Works upgrades to produce lower-emission steel.
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U.S. Steel to invest $11 bil. by 2028 in new Nippon Steel capital plan
United States Steel Corp., the wholly owned unit of leading Japanese steelmaker Nippon Steel Corp., said Tuesday it will invest $11 billion domestically by the end of 2028 to drive growth under a new capital relationship.
·Japan
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U.S. Steel details plans to invest $11 billion by 2028 across all business segments
United States Steel on Tuesday detailed its billion-dollar multiyear growth plan with new owner Nippon Steel that includes modernizing the century-old steelmaker. The announcement comes just five months…
·Sakado, Japan
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Associated Press News+10 Reposted by 10 other sources
US Steel details plans to invest $11 billion by 2028 across all business segments
United States Steel on Tuesday detailed an $11 billion growth plan with new owner Nippon Steel that includes modernizing the century-old steelmaker. U.S.
·United States
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Coverage Details
Total News Sources21
Leaning Left5Leaning Right1Center9Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 33%
C 60%
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