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Nippon Steel Promises to Keep Jobs for All Employees in Košice Steel Mills
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Nippon Steel announced on the 16th that it will invest approximately 900 million euros (approximately 160 billion yen) in its Košice steelworks in Slovakia, one of its main bases in Europe. The investment will be used for the construction of an electric arc furnace, which is expected to begin operations in 2030.
Nippon Steel and the state have agreed to make a massive investment in the decarbonization of steel.
·Bratislava, Slovakia
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