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US Steel Unveils $11 Billion Investment Plan with Nippon Steel

The $11 billion plan aims to modernize U.S. Steel’s operations, unlock $3 billion in savings, and protect over 100,000 jobs across the country by 2028.

  • On Tuesday, United States Steel and Nippon Steel detailed an $11 billion multiyear growth plan to be completed by the end of 2028.
  • Following the historic nearly $15 billion partnership finalized in June 2025, five months before the September project approval, U.S. Steel announced the $11 billion modernization plan, with a `golden share` provision involving the federal government.
  • The plan targets unlocking $2.5 billion in savings from capital investments and U.S. Steel has identified more than 200 initiatives to save money, aided by nearly 50 Nippon Steel professionals.
  • The plan is designed to protect and create more than 100,000 jobs nationwide in the United States, and the announcement comes just five months after Nippon Steel finalized its partnership.
  • As part of the plan, management listed specific projects, with CEO Dave Burritt saying `We have a robust pipeline of growth projects, ranging from the modernization of our Gary` and Mon Valley Works upgrades to produce lower-emission steel.
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US Steel details plans to invest $11 billion by 2028 across all business segments

United States Steel on Tuesday detailed an $11 billion growth plan with new owner Nippon Steel that includes modernizing the century-old steelmaker. U.S.

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Enid News & Eagle broke the news in on Tuesday, November 4, 2025.
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