Nippon Steel to invest $14B in U.S. Steel if bid allowed, Reuters says
Nippon Steel (NPSCY) plans to invest $14B in U.S. Steel’s (X) operations, including up to $4B in a new steel mill, if the Trump administration green lights its bid for the U.S. company, according to Reuters, citing a document and two people familiar with the matter. Under details of the plan included in the document, the company will invest $11B into U.S. Steel’s infrastructure through 2028, the news service stated. Published first on TheFly – the ultimate source for real-time, market-moving bre