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Nippon Steel to invest $6 billion in its Japanese mills
Nippon Steel Corp (NPSCY) (NISTF), the Japanese firm locked in a prolonged battle to acquire U.S. Steel (X), announced plans on Friday to invest 869 billion yen ($6 billion) domestically to boost production using cleaner furnace technology.
Markets ask how soon Nippon Steel will benefit from $15 billion bid for U.S. Steel
Nippon Steel investors and analysts are asking if its $15-billion deal to buy U.S. Steel , backed but not yet approved by President Donald Trump, is positive for the near term, even if its hopes for strong U.
Japan's Nippon expected to close acquisition of U.S. Steel at $55 per share, sources say
President Donald Trump cleared Nippon’s bid for U.S. Steel on Friday, referring to the deal as a “partnership.”
Nippon Steel aims to spend $14B on US Steel, including $4B for new mill - Reuters
Nippon Steel plans to spend $14B on US Steel's operations including up to $4B in a new steel mill if the Trump administration approves its takeover bid, Reuters reports.
Nippon Steel to spend $6 billion on decarbonisation efforts at three plants
Nippon Steel plans to invest over 860 billion yen ($5.98 billion) to introduce electric furnaces at its three domestic plants to reduce carbon emissions, public broadcaster NHK said on Friday.
Nippon Steel Plans $6 Billion Investment in Its Japanese Mills
Nippon Steel Corp., the Japanese company embroiled in lengthy battle to buy US Steel Corp., said it plans to spend 869 billion yen ($6 billion) at home to expand output from cleaner furnaces.
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