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United States Steel, now part of Nippon Steel, announced a multi-year growth program targeting about $14 billion in U.S. growth capital, with $11 billion to be deployed by end-2028. The plan focuses on mill modernisation, product upgrades and efficiency projects to strengthen competitiveness and domestic supply security.
Key projects include major upgrades at the Gary, Indiana hot strip mill and a new slag-recycling facility at Mon Valley, Pennsylvania, alongside a pipeline of higher-value, lower-emission steel products. The combined company is also targeting roughly $2.5 billion in capital investment savings and ~$500 million in operating efficiencies through more than 200 initiatives, supported by Nippon Steel’s technology transfer.
The roadmap follows Nippon Steel’s acquisition of U.S. Steel earlier this year and is intended to bolster capacity, jobs and technology leadership across automotive, energy and infrastructure markets. Management said additional projects—including a potential new U.S. mill—are under evaluation for later phases.
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