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Nippon Steel Bets on $11 Billion Investment, Tech Transfer to Lift U.S. Steel Profit

2025-05-26T085206Z_828543011_RC2IPEA6OMGD_RTRMADP_3_U-S-STEEL-M-A-NIPPON-STEEL

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Reuters

13:29 JST, August 29, 2025

TOKYO, Aug 29 (Reuters) – Japan’s Nippon Steel 5401.T plans to increase profit at U.S. Steel through an $11 billion investment and the transfer of its operational techniques and advanced technologies to expand capacity and add more high-grade products, a senior executive said.

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