U. S. Steel(US:X) Xin Lang Cai Jing·2025-12-12 07:28Core Viewpoint - Japan's largest steel manufacturer, Nippon Steel Corporation, expects to increase its global crude steel production capacity to 100 million tons or more by 2030 [1][2] Group 1: Strategic Investments - In June, Nippon Steel completed a $15 billion acquisition of U.S. Steel and committed to invest an additional $11 billion in the asset, with plans for further investments [1][2] - The acquisition has raised Nippon Steel's global crude steel capacity to 86 million tons annually, with 42 million tons coming from overseas [1][2] Group 2: Market Focus - Amid weak domestic steel demand in Japan, Nippon Steel aims to strengthen its influence in the U.S. market [1][2] - India and Thailand are also identified as growth markets for the company [1][2] Group 3: Financial Projections - Nippon Steel plans to invest 6 trillion yen (approximately $38.54 billion) in capital and business over the next five years, which includes the $11 billion investment in U.S. Steel [1][2] - The company has set a target for basic business profit of 1 trillion yen or more according to its 2030 management plan [1][2] - For the fiscal year ending in March next year, Nippon Steel expects basic business profit to be 680 billion yen, down from 793.7 billion yen last year [1][2]