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Nippon Steel to spend $3bn on U.S. Steel plant to update 90-year-old hardware

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Nippon Steel to spend $3bn on U.S. Steel plant to update 90-year-old hardware

Nikkei Asia · Oct 22, 2026, 1:50 PM UTC

TOKYO -- Japanese steelmaker Nippon Steel will invest about $3 billion in the Mon Valley works in the U.S. state of Pennsylvania, Nikkei has learned,