US Steel Announces $11 Billion Investment Plan by 2028

Reported about 3 hours ago

United States Steel has unveiled a multiyear growth plan in partnership with Nippon Steel, aiming to invest $11 billion by 2028. This investment focuses on modernizing operations and achieving $2.5 billion in savings through capital investments. With over 200 initiatives identified for efficiency improvements, the initiative is projected to protect and create more than 100,000 jobs in the U.S. The plan also emphasizes the development of higher value, lower emission steel products.

Source: YAHOO

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