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U.S. Steel's Mills to Get Additional Investment From Nippon Steel
XU. S. Steel(X) ZACKS·2024-08-29 11:55

United States Steel Corporation (X) will receive additional project investments from Nippon Steel Corporation at its Mon Valley Works and Gary Works. This is subject to the completion of Nippon Steel’s pending acquisition of X and the receipt of any required regulatory approvals.The growth investments announced by Nippon Steel will extend the production life of two of U.S. Steel's key integrated assets while improving steel supply security for American manufacturers. The investments will involve significant ...