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Nippon Steel bets on $11 billion investment, tech transfer to lift US Steel profit
Japan's Nippon Steel plans to increase profit at U.S. Steel through an $11 billion investment and the transfer of its operational techniques and advanced technologies to expand capacity and add more high-grade products, a senior executive said. Nippon Steel's $14.9-billion acquisition of U.S. Steel closed in June, ending an 18-month process that had been caught up in the shifting political landscape during the transition between the Biden and Trump administrations. The investment, running through 2028, and transfer of expertise aim to lift U.S. Steel's annual profit contribution to 250 billion yen ($1.70 billion) as ... (full story)
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- Aug 28, 2025 12:46pm Posted byFundamental Analysis182
