Nippon Steel-Owned U.S. Steel Announces $11 Billion U.S. Investment Plan
U.S. Steel, now under Japan's Nippon Steel ownership, will inject $11 billion into modernizing its American operations by 2028. The investment follows Nippon's $15 billion acquisition finalized five months ago, creating the world's fourth-largest steelmaker.
The capital infusion targets aging U.S. facilities, with projected savings of $2.5 billion from capital investments and $500 million from operational efficiencies. Over 200 cost-saving initiatives have been identified across all business segments.
The TRUMP administration secured a 'golden share' provision in the deal, granting the U.S. government board representation and operational influence. This strategic move underscores growing foreign investment in American industrial infrastructure amid global supply chain realignments.
