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Nippon Steel Raises US Mill Upgrade to $3 Billion as Costs Climb
Source: Bloomberg
M&A & RestructuringInfrastructure & DefenseCompany Fundamentals
Nippon Steel will spend $3 billion to build a hot-strip mill in Pennsylvania, as part of its broader $11 billion investment plan for newly acquired US Steel. The article provides no timing or expected production capacity for the project.
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