Nov. 4 at 3:12 PM
U.S. Steel unveiled a multiyear growth strategy with Nippon Steel that includes about
$14 billion in U.S. capital investments, with
$11 billion to be deployed by the end of 2028.
The partnership aims to unlock roughly $ 3 billion in value — including about
$2.5 billion in incremental EBITDA from capital projects and
$500 million from operational efficiencies.
The companies have identified more than 200 initiatives to enhance performance across all business segments by integrating Nippon Steel’s technological expertise into U.S. Steel’s operations.
The plan focuses on modernizing manufacturing, expanding product capabilities, and advancing R&D to deliver higher-value, lower-emission steel solutions. It is also designed to protect and create over 100,000 U.S. jobs.
$NPSCY