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U.S. Steel details plans to invest $11 billion by 2028 across all business segments

From bnnbloomberg.ca

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 after Nippon Steel finalized a “ historic partnership ” with the Pittsburgh steelmaker in a deal worth nearly $15 billion. That deal included a “golden share” provision that gave the federal government the power to appoint a board member and a say in some company decisions. The combined company became the world’s fourth-largest steelmaker, and Nippon agreed to invest $11 billion to upgrade U.S. Steel’s facilities. ... (full story)

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